Feb 11, 02:23 PM

Phynd Raises $10 Million for Subscription-Free Cloud Gaming Platform; Philo Reports $450M Revenue and 1.3M Subscribers

Phynd has successfully raised $10 million to develop its subscription-free smart TV cloud gaming platform. The funding comes from notable investors, including Bessemer Venture Partners, and is led by CEO Andre Swanston, who previously sold a VC-backed startup for nine figures. In related news, Philo, a pay-TV bundler, reported $450 million in annual revenue for 2024, marking a 20% year-over-year growth in subscribers, which now total 1.3 million. Philo has also acquired the TVOD outlet Row8 and appointed Edward King, a former Tubi executive, as its Chief Product Officer.

#Phynd #Bessemer Venture Partners #Andre Swanston #Philo #TVOD #Row8 #Edward King #Tubi

Written with ChatGPT (GPT-4o mini).

Sources

Digital Media Wire@dmwnews
2 years ago
Phynd Raises $10M For Subscription-Free Smart TV Cloud Gaming Platform https://t.co/IYiL7Atomg https://t.co/sdQqdxHtQ7
Elliott Robinson@TheValuesVC
2 years ago
Successful serial Founders are rare and truly one of a kind. Enter @AndreSwanston, CEO of @phyndgames who sold his last VC-backed startup for 9-figures. We @BessemerVP are thrilled to back the newest entrant into the Cloud Gaming landscape. Forge Ahead 🚀 https://t.co/cADuwskB8S
Mediagazer@mediagazer
2 years ago
Philo reveals $450M in 2024 revenue, 20% YoY growth in subscribers to 1.3M, the acquisition of TVOD outlet Row8, and the hiring of Tubi alum Edward King as CPO (@dadehayes / Deadline) https://t.co/nQjgUWtHhX https://t.co/NEhHLPuV75

Phynd Raises $10 Million for Subscription-Free Cloud Gaming Platform; Philo Reports $450M Revenue and 1.3M Subscribers

Sources

Additional media