# Pandora.TV

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pandora-tv

- Industry: Software
- Headquarters: Seongnam, South Korea
- Website: www.pandora.tv
- Total disclosed funding: $16M
- Latest round: Series B (Apr 3, 2007)
- Investors on record: 4

## About

Based in South Korea, Pandora.TV operates as a digital media platform focused on streaming independent films, allowing creators to showcase their works globally while facilitating access to diverse content for viewers.Pandora.TV, founded in 1999, is headquartered in Seongnam, South Korea. The company provides a platform for independent filmmakers to upload and distribute their films, connecting them with audiences. In September 2023, Pandora.TV completed a PRIVATE PLACEMENT/FOLLOW ON round, raising KRW 800 million, bringing their total amount raised to KRW 800 million. Peter Kim serves as the CEO.Pandora.TV is a prominent player in digital media, primarily offering a platform for independent and short films. Their services include a user-friendly streaming platform where filmmakers can upload and showcase their content, aiming to reach a global audience. The platform caters to both filmmakers seeking distribution opportunities and viewers interested in unique, independent works, especially targeting markets in South Korea, Japan, and other Asian regions, while promoting a community centered on independent film culture and advancing towards a web3 ecosystem.In 2023, Pandora.TV reported a revenue of KRW 12,202,909.40 with an EBITDA of KRW 3,618,263.80, reflecting their revenue generation strategy through subscription services and partnerships with independent filmmakers.Following the recent funding round on September 14, 2023, where Altos Ventures sold 1.14 million shares for approximately KRW 800 million, Pandora.TV plans to utilize these funds to develop partnerships with other brands to enhance its online video platform service. The company aims to expand its market presence, particularly in Southeast Asia, strengthening its offerings and reaching a broader audience by the end of 2024.

## Funding rounds

- Series B, Apr 3, 2007, $10M — DCM, Altos Ventures, STIC Investments, Saehan Venture Capital
- Series A, Feb 1, 2006, $5.9M — Altos Ventures, STIC Investments, Saehan Venture Capital

## Investors

- Altos Ventures (https://capitalatlas.ai/funds/altos-ventures) — Series A, Series B
- STIC Investments (https://capitalatlas.ai/funds/stic-investments) — Series A, Series B
- Saehan Venture Capital (https://capitalatlas.ai/funds/saehan-venture-capital) — Series A, Series B
- DCM (https://capitalatlas.ai/funds/dcm) — Series B