About 17Media
17Media is a Media & Entertainment company based in Taipei (Taiwan) founded in 2015 by Jeffrey Huang, and was acquired by Paktor in December 2016. Live events are streamed via an app integrating user-generated content. 17Media has raised $73 million across 3 funding rounds from investors including Yahoo Japan, Paktor and Headline. Its focus areas include OTT Video, OTT Streaming Platforms, User Generated Content (UGC) and Diversified.
Company details
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.
- Total Equity Funding$73M (USD)
in 3 rounds
- Latest Funding Round$40M (USD), Series A
Aug 2017
- InvestorsYahoo Japan
& 7 more
- Acquired byPaktor
(Dec 2016)
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 $73M
- Total Rounds 3
- Last Round Series A — $40M
- First Round $10M
(Nov 2015)
- Investors Count 7
All 3 funding rounds of 17Media with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2017 | $40M | Series A | – | – | |
| May 2016 | $23M | Series A | – | – | |
| Nov 2015 | $10M | Series A | – | – |
8 investors in total: 8 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in early-stage tech startups across multiple sectors. | headline.com | San Francisco, United States | ||
Early and growth stage VC firm investing in Singapore, China and India | majuven.com | Singapore, Singapore | ||
Private equity investment firm | goldenequatorcapital.com | Singapore, Singapore | ||
Online media portal | 1996 | yahoo.co.jp | Chiyoda City, Japan | |
Early-stage investments are focused on Southeast Asia and India. | vertexventures.com | Palo Alto, United States | ||
Operates an online platform for streaming sports videos to global audiences. | 2014 | lesports.com | Beijing, China | |
Prometheus Capital is engaged in advisory and investment banking services. | 2006 | prometheuscapital.com | Chicago, United States | |
A dating platform is provided based on mutual likes. | 2013 | gopaktor.com | Singapore, Singapore |
Investor details for 17Media
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of 17Media
1 people are tracked at 17Media (1 in leadership).
| Name | Role | Group |
|---|---|---|
Jeffrey Huang | Co-Founder | Leadership |
Complete people profiles for 17Media
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of 17Media
4 dated milestones of 17Media across 2 years, from founding to its latest funding, stage changes and deals.
- Founded 17Media is founded.
- Funding First funding round of $10.0M.
- Exit Acquired by Paktor.
- Funding Latest funding round, Series A, of $40.0M.
Web traffic of 17Media
The website of 17Media (17.media) receives about 8.9K visits a month.
- Monthly visits8.9K
▼ 11.5% vs previous month
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Frequently Asked Questions about 17Media
17Media was founded in 2015.
17Media is headquartered in Taipei, Taiwan.
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 2015.
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.
17Media has 8 investors. Key investors include Yahoo Japan, Paktor, Headline, Vertex Ventures, and Majuven.
Yes. 17Media was acquired by Paktor in December 2016.