About 17Media
17Media is a company based in Taipei (Taiwan) founded in 2015 by Jeffrey Huang was acquired by Paktor in December 2016.. 17Media has raised $73 million across 3 funding rounds from investors including Yahoo Japan, Paktor and Headline. 17Media operates in a competitive market with competitors including YouTube, Dailymotion, Bilibili, YouNow and Bigo Live, among others.
- Headquarter Taipei, Taiwan
- Founders Jeffrey Huang
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$73 M (USD)
in 3 rounds
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Latest Funding Round
$40 M (USD), Series A
Aug 02, 2017
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Investors
Yahoo Japan
& 7 more
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Employee Count
Employee Count
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Acquired by
Paktor
(Dec 08, 2016)
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Funding Insights of 17Media
17Media has successfully raised a total of $73M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $40 million completed in August 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $40.0M
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First Round
First Round
(05 Nov 2015)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2017 | Amount | Series A - 17Media | Valuation |
investors |
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| May, 2016 | Amount | Series A - 17Media | Valuation |
investors |
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| Nov, 2015 | Amount | Series A - 17Media | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 17Media
17Media has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Yahoo Japan, Paktor and Headline. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in early-stage tech startups across multiple sectors.
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Founded Year | Domain | Location | |
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Early and growth stage VC firm investing in Singapore, China and India
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Founded Year | Domain | Location | |
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Private equity investment firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 17Media
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 17Media
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
17Media Comparisons
Competitors of 17Media
17Media operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as YouTube, Dailymotion, Bilibili, YouNow and Bigo Live, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
User-generated videos and content are shared and streamed online.
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| domain | founded_year | HQ Location |
Web and mobile video sharing and streaming platform
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| domain | founded_year | HQ Location |
Anime videos are streamed and user content is hosted online.
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| domain | founded_year | HQ Location |
Live video-streaming and chat features are provided for user broadcasts.
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| domain | founded_year | HQ Location |
Operator of a platform providing live streaming, gaming, and chatrooms
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| domain | founded_year | HQ Location |
On-demand video platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 17Media
When was 17Media founded?
17Media was founded in 2015.
Where is 17Media located?
17Media is headquartered in Taipei, Taiwan.
Is 17Media a funded company?
17Media is a funded company, having raised a total of $73M across 3 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Nov 05, 2015.
What does 17Media do?
17Media is a Periscope type events live streaming app. 17 Media integrates user generated content (UGC) with social networking, allowing users to manage their brand and fan-base while creating a new business model where platforms share profits with UGC creators. 17 Media has more than 10 million overseas users and around three million Chinese users. has closed an investment round of RMB150 million (23 million) from LeSports Innovation Fund and its partners. The funds will be used to help expand the companys reach in the greater China region, as well as widening its user-generated content dimensions. The start-up previously received funding from Infinity Venture Partners and Prometheus Capital a venture and private equity fund established by Wang Sicong, son of Asias richest man, Dalian Wanda Groups chairman Wang Jianlin.
Who are the top competitors of 17Media?
17Media's top competitors include YouTube, Bilibili and Dailymotion.
Who are 17Media's investors?
17Media has 8 investors. Key investors include Yahoo Japan, Paktor, Headline, Vertex Ventures, and Majuven.