Content Syndicate has officially announced that it has received strategic investment from Interactive Ventures Holding Company (“IV Holdings”), a leading venture capital firm, focused on internet and interactive companies, and based out of Amman, Jordan.
The funding will be used to support Content Syndicate’s rapid growth and development of its content services platform.
“In its private beta alone, Content Syndicate, with its unique and disruptive business model, as well as its dynamic management track record, impressed us. More importantly, the strong validation the company has received from major customers and publishers, combined with our investment strategy focused on the development of content syndication in our region, made Content Syndicate a great fit. Very few early-stage companies have this kind of amazing traction and robust business model,” said Fawaz H. Zu’bi, Chairman of IV Holdings.
Content Syndicate’s patent-pending platform helps publishers to commission, buy, sell, syndicate content in more than 200 languages. With no entry-level costs, coupled with its ‘pay for performance’ model, Content Syndicate helps publishers to monetize their content further and minimizing the inefficiency, thereby generating additional revenues and cutting costs. The company intends to extend its service to support other media – audio, video and mobile content in 2009.
