Telly

About

Telly is a VOD platform that offers premium content sourced from Bollywood and the Arab region.

San Francisco,California,United States
11 - 50
https://mahatat.com

Highlights

Details

Last Funding Type: Series Unknown
Industries: Media and Entertainment,Mobile,Video,Video Streaming
Founded date: Jan 1, 2007
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Telly, Inc.
Also Known As: Twitvid

Telly (formerly Twitvid) is a premium subscription video-on-demand service that focuses on the best of entertainment and exclusive locally produced content. As well as screening exclusive and original content, Telly's programming includes; Bollywood movies, TV shows, locally produced content, Kuwaiti short films, and many more all of which can be found on the Telly App and website.

Telly mainly generates revenue mainly from subscription-based services as opposed to advertising to avoid losing customers to interruptions caused by the adverts, however, their business model is considered to be facing competition by video piracy.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

9

$21.11M

Telly has raised a total of $21.11M in funding over 2 rounds. Their latest funding was raised on May 4, 2015 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
May 4, 2015	Series Unknown	$3.23M	—	—	—	Detail
Dec 19, 2013	Series B	$8M	5	—	—	Detail
Oct 7, 2013	Series B	$3.38M	—	—	—	Detail
Sep 29, 2011	Series A	$6.50M	1	Azure Capital Partners	—	Detail
Jan 24, 2010	Series Unknown	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

11

Telly is funded by 11 investors. Azure Capital Partners and Cinemagic are the most recent investors.

Investor Name	Lead Investor	Funding Round
Azure Capital Partners	—	Series B
Cinemagic	—	Series B
Felicis Ventures	—	Series B
Georges Harik	—	Series B
Lumia Capital	—	Series B
MVI (MENA Venture Investments)	—	Series Unknown
Wavemaker Partners	—	Seed
XG Ventures	—	Series Unknown
Amidzad Partners	—	Angel
Plug and Play	—	Angel