MovieBeam
Latest round
- Series A
Last raised
- Feb 2006
Total raised
- $49M
Investors
- 5
About MovieBeam
MovieBeam Inc.Founded in 2002 in Englewood, US, MovieBeam Inc. specializes in in-room entertainment solutions for hotels. In March 2007, the company was acquired by Movie Gallery. Ankur Sheth is the founder, though prior company information is not specified., Intel Capital, Norwest Venture Partners, and VantagePoint Capital.MovieBeam specializes in providing advanced in-room entertainment solutions tailored for the hospitality industry. Their flagship product, Moviebeam Qube, integrates seamlessly with Android TV™ and offers features such as 4K HD quality, customizable user interfaces, and support for cloud-based Video On Demand (VOD) and live streaming services. This solution is designed to enhance the guest experience by offering options like Google Cast™, pay-per-view, and in-room dining through a virtual concierge. Moviebeam's services are utilized by a diverse clientele, including hotels such as Covington Hotel, Blue Harbor Hotel, and The Last Hotel, providing them with an innovative approach to guest engagement and technology-driven convenience.MovieBeam generates revenue through partnerships with hotels and hospitality establishments, implementing subscription-based models for their in-room entertainment solutions. Clients typically subscribe to MovieBeam's premium services, allowing them to offer advanced entertainment options to their guests. Revenue transactions occur on a B2B basis, where hotels pay for the Moviebeam Qube system and associated services, which may include ongoing technical support and software updates. The pricing structure is designed to accommodate different tiers of service, ensuring scalability and customization according to each hotel's specific needs.In the future, MovieBeam plans to expand its product offerings, potentially introducing new entertainment solutions tailored for evolving hospitality needs. The company aims to penetrate additional markets within North America, focusing on key urban areas by the end of 2025.50 mn will support these initiatives, allowing for the development of new technologies and the scaling of operations to meet increased demand., which may influence its strategic direction moving forward.
Who invested in MovieBeam
5 investors across 1 round
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Funding rounds
Series A
Feb 14, 2006
Amount
$49M
Investors
Questions about MovieBeam
Who invested in MovieBeam?
MovieBeam has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has MovieBeam raised?
MovieBeam has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did MovieBeam last raise money?
MovieBeam's most recent round on record is a Series A, in Feb 2006.
What does MovieBeam do?
MovieBeam is a media company.
Where is MovieBeam headquartered?
MovieBeam is headquartered in Englewood, US.
Which VCs invest in companies like MovieBeam?
Among active investors with capital left to deploy, Founders Fund, Accel, Thrive Capital and Kleiner Perkins back media companies at MovieBeam's stage. Their profiles are linked below.
VCs backing media startups at Series A
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