View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
April 28, 2015

Digital broadcaster DingIt gets $1.5 million VC funding boost

Venture capital firm targets broadcasting platform.

By Alexander Sword

DingIt.tv has secured $1.5 million in follow-on seed funding from Black Green Capital.

The real-time broadcasting platform will use the new funds to expand and support its growth, allowing DingIt to target a wider range of broadcasters and advertisers to grow its market position.

As part of the deal, Black Green Capital CEO David Rowe will join the company as Chairman.

DingIt’s proprietary platform claims to offer higher quality streaming for live streams and Video-on-Demand. The service offers 1080p, 60fps, as well as latency below 5 seconds. The advertising management platform is integrated into the broadcasting technology and adverts can be placed during organic breaks as opposed to atpre-set times.

DingIt is the latest recipient of funding from the London-based Black Green Capital. The venture capital fund has invested in several businesses in the digital market. These include Hydro66, a green data centre, as well as virtual reality gaming platform Virtuix and wholesale Bitcoin mining company Megamine.

Mark Hain, CEO and founder of DingIt, commented: "Black Green Capital share our vision of the future of DingIt’s disruptive broadcast streaming technology and unique online ad model, and are bringing both the financial backing as well as their own entrepreneurial skill set that will help drive our success.

"I am therefore delighted to welcome Black Green Capital’s CEO David Rowe to join us as Chair. David has an exceptional track record in growing technology companies and will play a key role in helping to guide DingIt as it continues its global rollout."

Content from our partners
Scan and deliver
GenAI cybersecurity: "A super-human analyst, with a brain the size of a planet."
Cloud, AI, and cyber security – highlights from DTX Manchester

David Rowe, CEO of Black Green Capital added: "Dingit.tv is a very exciting company with a highly disruptive technology platform which adds value to the customer experience and enables broadcasters and advertisers to enhance their commercial returns.

Rowe continued: "eSports is breaking all records in terms of growth and viewing numbers and we are delighted to be participating in what we believe will be the premier go-to platform for delivering real-time, live eSport events."

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU