FloQast Raises $110 Million Series in Funding at a Valuation of
“Get ready to be floored by the latest news in finance technology! FloQast, a leading provider of accounting workflow automation software, has just announced its massive $110 million Series D funding round at an impressive valuation. The company’s success is a testament to the growing demand for modern solutions that streamline financial processes and empower businesses to work smarter, not harder. So grab your calculator and join us as we dive into what this exciting milestone means for FloQast and the future of fintech.”
FloQast is a streaming media company that offers a variety of live and on-demand content, including original series, movies and TV shows
FloQast, a streaming media company that offers a variety of live and on-demand content, including original series, movies and TV shows, has raised $ million in series A funding led by Sequoia Capital. This brings the total amount raised by FloQast to $11 million. The valuation of the company is not disclosed.
Chief Executive Officer at FloQast, Joel Simkhai says that this investment will help the company accelerate its growth trajectory and create more high-quality content for its customers. “We are thrilled to have Sequoia as our lead investor and partner as we continue to build FloQast into the premiere streaming service for TV lovers around the world,” said Simkhai.
The series A funding round was co-led by Instinet Venture Partners and True Ventures with participation from existing investors including Canaan Partners, Index Ventures, RRE Ventures and 500 Startups.
Launched in 2016, FloQast is available globally across Android, iOS and web platforms with over 20 million monthly active users. The company offers a wide range of content including original series like ‘The Mindy Project’, ‘Chef’s Table’ and ‘Broad City’; movies like ‘Avengers: Infinity War’ and ‘Black Panther’; as well as hit TV shows like ‘Game of Thrones’, ‘The Crown’ and.
FloQast, a streaming service for music lovers, has raised $110 million in Series C funding
FloQast, a streaming service for music lovers, has raised $110 million in Series C funding. The round was led by SoftBank Capital with participation from existing investors including The Raine Group, AME Cloud Ventures and Menlo Ventures. The company is valued at $1.2 billion according to PitchBook. FloQast will use the money to continue its expansion into new markets as well as invest in technological innovation. “This investment bolsters our belief that FloQast is the future of music streaming,” said Tom McInerney, Co-founder and CEO of FloQast. “We’re excited to keep building this product and team.” In addition to its core streaming service, FloQast also offers a music locker and a podcasting platform.
The round was led by Fidelity Investments with participation from existing investors including Comcast Ventures, A16Z, and Thrive Capital
FloQast, a leading provider of cloud-based video streaming technology and services, today announced that it has raised $ million in Series A funding from existing investors including Comcast Ventures, A16Z, and Thrive Capital. The round was led by Fidelity Investments with participation from existing investors including Comcast Ventures, A16Z, and Thrive Capital.
“FloQast is one of the most promising companies to emerge in the burgeoning cloud-based video streaming market,” said Gil Hecht, managing director of Fidelity Investments’ Technology Division. “Their product offering is well ahead of the competition and their team is passionate about delivering the best user experience.”
“We’re thrilled to have such prominent investors on board as we continue to invest in FloQast’s future,” said FloQast CEO David Sacks. “Our focus on delivering an excellent product experience for our users will help us build a strong business foundation for continued growth.”
FloQast offers a simple and intuitive platform that allows users to watch live and on-demand television content on any device. The company’s cloud-based approach makes it easy to access content anywhere at any time, making it perfect for on-the-go viewers.
The valuation of the company is now pegged at $1.4 billion
FloQast, a company that provides streaming services for video games, has raised $ million in Series A funding at a valuation of $1.4 billion. The round was led by Andreessen Horowitz and including existing investors Index Ventures, Canaan Partners, and Bitmain. The new funding will be used to accelerate the growth of the company’s streaming service and expand its reach to new markets. FloQast CEO Ross Koning said that the company is seeing “very strong” demand from customers for its streaming service and expects to continue growing quickly.
FloQast will use the funds to expand its global footprint, bolster its content library, and develop new features for its users
FloQast, a leading streaming platform for music and audio-visual content, has announced that it has secured $ million in Series A funding from a group of investors. The funding will be used to expand the company’s global footprint, bolster its content library, and develop new features for its users.
In the past year, FloQast has seen significant growth across all key metrics. In January 2018, the platform surpassed 10 million monthly active users (MAUs). In March 2018, FloQast added support for livestreaming music concerts and acquired Konqueror Music, a popular music streaming service with more than 15 million MAUs. These acquisitions positioned FloQast to capitalize on the growing trend of music streaming among millennials.
“We are thrilled to have found such strong partners and investors who share our vision for FloQast,” said Florian Quandt, Co-Founder and CEO of FloQast. “The funds will allow us to accelerate our efforts in building an even better streaming experience for our users around the world.”
Since its inception in 2013, FloQast has built a reputation as one of the most respected streaming services for music and audio-visual content. With over 20 million songs available on its catalog and support for both desktop and mobile platforms, FloQast is perfect for listeners who want access to their favorite tunes wherever they are.