Welcome!

Adobe Flex Authors: Matthew Lobas, PR.com Newswire, Shelly Palmer, Kevin Benedict

News Feed Item

Video Creation Marketplace StudioNow Raises $5 Million to Fund Expansion

New CTO, CFO, CRO Announced and Offices Opened in San Francisco and New York

NASHVILLE, TN -- (Marketwired) -- 08/20/14 -- StudioNow announced that it has raised $5 million in a Series B round led by FCA Venture Partners with participation from existing investor, Claritas Capital. The company also announced that it has made key new hires to support its rapid growth and opened offices in San Francisco and New York. The company is focused on being the leader in the digital video creation market that is estimated to be over $23 billion for 2014.

The additions to StudioNow's management team include new CTO Rob DeMillo, who will also lead the company's new San Francisco office, CFO Rob Tanner, CRO Michael Thompson, and VP of Business Development Kelly Metz. (See individual bios below.)

StudioNow was founded in January 2007 and raised $3.5 million before being acquired by AOL for $36.5 million in cash and stock three years later. Last year the company was spun out of AOL in a deal led by founder, chairman, and CEO, David Mason and Claritas Capital.

"Our decision to re-establish StudioNow as an independent company and invest in our platform and tools, an expanded management team, and new offices, shows the confidence that we have, and our investors have, in the StudioNow marketplace and community of creators, agencies, and brands," said David Mason, founder and CEO of StudioNow.

StudioNow provides a suite of services and technology tools designed to match tens of thousands of video content producers with enterprises who need their services. The highly curated global marketplace offers production companies and filmmakers access to countless new opportunities and a platform to help run their business while clients, ranging from small business to Fortune 100 brands, are guaranteed to get the best talent at the best price every time.

Major brands that have used the StudioNow Marketplace include Toyota, Twitter, IBM, AT&T, StyleList, Verizon, FedEx, CafeMom, Kohl's, Sports Illustrated, AOL, and Pulte Homes. More than 50,000 videos have been created through StudioNow for clients in more than 52 countries around the world. This month it was announced that StudioNow won three Telly awards for their work for AOL, IBM, and Rhett & Link for freecreditscore.com.

NEW ADDITIONS TO STUDIONOW'S MANAGEMENT TEAM

Chief Financial Officer, Rob Tanner
Rob Tanner has oversight of all financial operations, capital and treasury management, and day-to-day administrative responsibilities. Tanner has a diverse background in financial management, investment banking, mergers and acquisitions and business strategy within both Fortune 1000 and growth-stage companies.

Chief Revenue Officer, Michael Thompson
Michael Thompson is responsible for driving revenue; managing sales, marketing, and client services. Thompson has been immersed in sales, marketing, business development and strategy during his 28 years in business as an executive of various private equity backed ventures.

Chief Technology Officer, Rob DeMillo
Rob DeMillo is a 20-year entrepreneurial and media industry veteran, hired by StudioNow to grow the company's technology team and capabilities and launch the company's San Francisco office. DeMillo has held CTO positions at Discovery Digital Networks, Revision3, Third Screen Media, and m-Qube; as well as Founder and CTO roles at Transpera and other Silicon Valley-based companies. DeMillo is also a contributing venture partner at the Korean accelerator SparkLabs Global, and is a board advisor on a handful of ad server and mobile startup companies.

VP of Business Development, Kelly Metz
Kelly Metz is responsible for marketplace strategy, partnerships, and new products. Metz has held various management positions in the software and media industries including Yahoo!, Adobe, and Oracle.

About StudioNow
StudioNow is headquartered in Nashville, TN. with offices in New York and San Francisco. The StudioNow Marketplace has created over 50,000 high-quality, low-cost videos for businesses of all sizes in over 6,000 cities in the U.S. and 52 countries around the world, including such Fortune 500 companies as IBM, AT&T/YellowPages, Toyota, Saatchi & Saatchi, Verizon, Coca Cola, Bank of America, Ameriprise, Simon & Schuster, Random House, Akamai, FedEx, ClearChannel, Twitter, AOL, CBS, Disney, Fox Sports and Sports Illustrated. For more information about StudioNow, visit www.studionow.com.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, will provide tips on how to be successful in large scale machine lear...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus inter...
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, will discuss how research has demonstrated the value of Machine Learning in delivering next generation analytics to im...
There is an ever-growing explosion of new devices that are connected to the Internet using “cloud” solutions. This rapid growth is creating a massive new demand for efficient access to data. And it’s not just about connecting to that data anymore. This new demand is bringing new issues and challenges and it is important for companies to scale for the coming growth. And with that scaling comes the need for greater security, gathering and data analysis, storage, connectivity and, of course, the...
This is not a small hotel event. It is also not a big vendor party where politicians and entertainers are more important than real content. This is Cloud Expo, the world's longest-running conference and exhibition focused on Cloud Computing and all that it entails. If you want serious presentations and valuable insight about Cloud Computing for three straight days, then register now for Cloud Expo.
IoT device adoption is growing at staggering rates, and with it comes opportunity for developers to meet consumer demand for an ever more connected world. Wireless communication is the key part of the encompassing components of any IoT device. Wireless connectivity enhances the device utility at the expense of ease of use and deployment challenges. Since connectivity is fundamental for IoT device development, engineers must understand how to overcome the hurdles inherent in incorporating multipl...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
SYS-CON Events announced today that Stratoscale, the software company developing the next generation data center operating system, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere...
Angular 2 is a complete re-write of the popular framework AngularJS. Programming in Angular 2 is greatly simplified – now it's a component-based well-performing framework. This immersive one-day workshop at 18th Cloud Expo, led by Yakov Fain, a Java Champion and a co-founder of the IT consultancy Farata Systems and the product company SuranceBay, will provide you with everything you wanted to know about Angular 2.
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
You deployed your app with the Bluemix PaaS and it's gaining some serious traction, so it's time to make some tweaks. Did you design your application in a way that it can scale in the cloud? Were you even thinking about the cloud when you built the app? If not, chances are your app is going to break. Check out this webcast to learn various techniques for designing applications that will scale successfully in Bluemix, for the confidence you need to take your apps to the next level and beyond.
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
SYS-CON Events announced today that Ericsson has been named “Gold Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. Ericsson is a world leader in the rapidly changing environment of communications technology – providing equipment, software and services to enable transformation through mobility. Some 40 percent of global mobile traffic runs through networks we have supplied. More than 1 billion subscribers around the world re...
Digital payments using wearable devices such as smart watches, fitness trackers, and payment wristbands are an increasing area of focus for industry participants, and consumer acceptance from early trials and deployments has encouraged some of the biggest names in technology and banking to continue their push to drive growth in this nascent market. Wearable payment systems may utilize near field communication (NFC), radio frequency identification (RFID), or quick response (QR) codes and barcodes...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry's single source for the cloud. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...