# Digitalsmiths Corporation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/digitalsmiths

- Industry: Software
- Headquarters: Durham, US
- Total disclosed funding: $30M
- Latest round: Series C (Apr 8, 2011)
- Investors on record: 6

## About

Digitalsmiths is a technology company specializing in video discovery and recommendation systems, enhancing user engagement through optimized content accessibility and personalization across various platforms.Founded in 2006 and headquartered in Durham, US, Digitalsmiths focuses on improving video searchability and content personalization. The company was acquired by TiVo Inc. in January 2014 for USD 135 mn.DigitalSmiths specializes in advanced video discovery and recommendation technologies that enhance the viewing experience for users across various platforms. Their core offerings include a suite of products designed to optimize video searchability and content personalization, thereby addressing the growing demand for accessible and relevant video content. These solutions are leveraged by clients in the media and entertainment industry, allowing broadcasters and streaming services to deliver tailored content suggestions to their audiences. The products aim to improve user engagement and retention by streamlining the content discovery process, which is critical in today’s competitive digital landscape. DigitalSmiths’ services are utilized by key players in North America and Europe, catering to a diverse end-user demographic that includes individual consumers, content creators, and enterprise clients.DigitalSmiths generates revenue primarily through subscription-based models and strategic partnerships with media companies and content providers. Clients enter into contracts that may involve tiered pricing plans based on usage metrics, which could include the volume of content processed or the number of user interactions supported. Flagship products are often offered as part of bundled services, providing customers with comprehensive solutions that encompass both technology and customer support. The company’s transaction structure typically emphasizes B2B relationships, where media organizations integrate DigitalSmiths’ technology into their platforms to enhance user engagement and retention. Pricing for services is structured to reflect the value added to clients’ offerings, thus solidifying long-term partnerships in the competitive video service space.Following its acquisition by TiVo Inc. in January 2014, Digitalsmiths plans to leverage the resources and capabilities of its parent company to develop new products aimed at enhancing video recommendation technologies. While specific product launch dates are not disclosed, the focus is on expanding into additional markets, particularly in regions outside North America and Europe, with plans to explore opportunities in Asia by the end of 2025. The funding from the acquisition will be utilized to support these initiatives, aiming to enhance product offerings and market presence.

## Funding rounds

- Series C, Apr 8, 2011, $12M — Aurora Funds, Chrysalis Ventures, Cisco Systems, .406 Ventures, Technicolor SA, Capitol Broadcasting Company
- Series B, Nov 13, 2008, $12M — Aurora Funds, Chrysalis Ventures, .406 Ventures
- Series A, Jun 26, 2007, $6M — Aurora Funds, Chrysalis Ventures

## Investors

- Aurora Funds (https://capitalatlas.ai/funds/aurora-funds) — Series A, Series B, Series C
- Chrysalis Ventures (https://capitalatlas.ai/funds/chrysalis-ventures) — Series A, Series B, Series C
- .406 Ventures (https://capitalatlas.ai/funds/406-ventures) — Series B, Series C
- Cisco Systems — Series C
- Technicolor SA — Series C
- Capitol Broadcasting Company — Series C