# Next New Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/next-new-networks

- Industry: Internet
- Headquarters: New York, US
- Website: www.nextnewnetworks.com
- Total disclosed funding: $23M
- Latest round: Series B (Mar 12, 2008)
- Investors on record: 5

## About

Next New Networks, Inc. focuses on providing innovative digital media solutions to enhance video content distribution and engagement across platforms like YouTube, empowering creators and brands to optimize their digital presence.Next New Networks, Inc. was founded in 2006 in New York, US, specializing in digital media solutions. In March 2011, the company was acquired by YouTube, a portfolio company of Sequoia Capital. The firm has completed five investment deals, with its latest funding round being VENTURE DEBT, amounting to USD 1.000 mn from investors including Fuse Capital, Goldman Sachs Merchant Banking Division, Saban Capital Group, and Spark Capital. The total amount raised by the company is USD 3.000 mn.Next New Networks specializes in innovative digital media solutions, primarily enhancing video content distribution and engagement on platforms such as YouTube. Their services include content creation, audience development, and monetization strategies aimed at helping creators and brands maximize their reach and revenue. The company serves independent creators, small businesses, and larger media firms, utilizing advanced analytics and audience targeting to connect effectively with target demographics across North America, Europe, and parts of Asia.Next New Networks generates revenue through a multifaceted transaction structure, including partnerships and direct-to-consumer engagements. Its revenue model is based on subscription services, with varying tiers that offer content support, analytics, and monetization tools. The company also engages in revenue-sharing agreements with content creators and brands, taking a percentage of the ad revenues generated through its managed video content, thus creating a collaborative ecosystem that drives value for all parties involved.Looking forward, Next New Networks plans to launch several new products designed to enhance user engagement and improve content performance. Specific details regarding release dates have not been disclosed. The company aims to expand into additional markets in Asia and Europe by the end of 2012, leveraging recent funding from their VENTURE DEBT round to support these initiatives. The most recent deal in March 2011 underlines their growth strategy following their acquisition by YouTube.

## Funding rounds

- Series B, Mar 12, 2008, $15M — Fuse Capital, Spark Capital, Saban Capital Group, Pilot House Ventures, Goldman Sachs Asset Management
- Series A, Jan 4, 2007, $8.2M — Spark Capital

## Investors

- Spark Capital — Series A, Series B
- Fuse Capital — Series B
- Saban Capital Group (https://capitalatlas.ai/funds/saban-capital-group) — Series B
- Pilot House Ventures (https://capitalatlas.ai/funds/pilot-house-ventures) — Series B
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series B
