Vizbee Announces Strategic Partnership with Bravo Mondo to Accelerate Growth
LOS ANGELES, CA, USA, May 09, 2024 – Vizbee, a leading video data and streaming company with over 350 million connected devices, today announced a strategic partnership with Bravo Mondo, a growth capital and advisory firm founded by former Viacom, MTV and AOL executive Dermot McCormack. The partnership will provide Vizbee with strategic and business development support as well as assistance with fundraising. As part of the agreement, Bravo Mondo will acquire a minority stake in Vizbee, and McCormack will assume an interim senior advisory role.
With streaming media consumption at an all-time high, Vizbee powers discovery and access to video content across an array of connected platforms and devices. The company’s innovative data-driven technology delivers a personalized user experience and helps media companies better understand and engage their audiences. Vizbee has seen rapid adoption of its video casting solutions, supporting premium content from major media brands worldwide.
“Vizbee has built an incredible data and streaming platform that is poised for massive growth,” said Dermot McCormack, Founder & CEO of Bravo Mondo. “We are a founder focused firm and Darren and team certainly are world class”.
The partnership with Bravo Mondo will provide Vizbee with strategic resources and expertise to accelerate product innovation, forge key partnerships, and expand into new markets. Bravo Mondo’s experience leading digital media, OTT and ad tech companies will be invaluable as Vizbee embarks on its next phase of growth.
“We are excited to partner with Dermot and Bravo Mondo,” said Darren Feher, Co-Founder & CEO of Vizbee. “Their knowledge and relationships in the media industry coupled with their investment network will be instrumental as we help streamers improve their experience and profitability through privacy compliant addressability and activation on every screen”. Feher will also be joining Bravo Mondo as Senior Advisor and will assist on all acquisitions and investments in the growing CTV and streaming data space.
About Vizbee
Vizbee has invented the next generation of cross-device experiences in the home. With over 350 million connected devices embedded in the most major media businesses, Vizbee is a foundational platform that allows streaming apps on various home devices to automatically detect, connect to each other and operate as one seamless, synchronized, cross-device app with improved experiences for viewers and increased monetization for publishers. The company’s innovative data-driven technology delivers a personalized user experience and helps media companies better understand and engage their audiences. The founding team includes the former CTO, NBCU, Hulu founder and also a Unicorn media exec who created the first server side ad insertion platform.
About Bravo Mondo
Bravo Mondo is a growth capital and advisory firm focused on investments in video, digital media, and ad tech. Founded by Dermot McCormack, former Global President of AOL Video and Head of Viacom/MTV Digital, Bravo Mondo provides strategic and operational expertise as well as growth capital to help scale emerging companies in the media and technology sectors.
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Darren Feher/Vizbee.tv