About 3G Multimedia
3G Multimedia is a company based in Budapest (Hungary) founded in 2009.. 3G Multimedia has raised $1.7 million across 2 funding rounds from investors including PortfoLion. 3G Multimedia offers products and services including Background Music Service, Digital Signage Service, and App Development. 3G Multimedia operates in a competitive market with competitors including Tuned Global, G'Audio Lab, XITE, iBroadcast Media and EPLAYWORKS, among others.
- Headquarter Budapest, Hungary
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name 3G Multimédia Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.7 M (USD)
in 2 rounds
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of 3G Multimedia
3G Multimedia offers a comprehensive portfolio of products and services, including Background Music Service, Digital Signage Service, and App Development. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides professional music for retail environments to improve customer experience.
Delivers modern displays with information and messages for stores.
Creates smartphone apps for global use based on music and tech expertise.
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Funding Insights of 3G Multimedia
3G Multimedia has successfully raised a total of $1.7M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(07 Feb 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2012 | Amount | Series A - 3G Multimedia | Valuation |
investors |
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| Feb, 2011 | Amount | Series A - 3G Multimedia | 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 3G Multimedia
3G Multimedia has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PortfoLion. 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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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 3G Multimedia
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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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 - 3G Multimedia
| 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 |
3G Multimedia Comparisons
Competitors of 3G Multimedia
3G Multimedia 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 Tuned Global, G'Audio Lab, XITE, iBroadcast Media and EPLAYWORKS, 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 |
White-label solutions for B2B music streaming and downloading are supplied.
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| domain | founded_year | HQ Location |
Provides audio solutions for virtual reality projects
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| domain | founded_year | HQ Location |
Cloud-based music streaming solutions provider
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| domain | founded_year | HQ Location |
Operates a digital platform for efficient music library management.
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| domain | founded_year | HQ Location |
Develops applications for PCs and smartphones.
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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 3G Multimedia
When was 3G Multimedia founded?
3G Multimedia was founded in 2009 and raised its 1st funding round 2 years after it was founded.
Where is 3G Multimedia located?
3G Multimedia is headquartered in Budapest, Hungary.
Is 3G Multimedia a funded company?
3G Multimedia is a funded company, having raised a total of $1.7M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.7M, raised on Feb 07, 2011.
What does 3G Multimedia do?
3G Multimedia was founded in 2009 in Budapest, Hungary, and operates in the online music streaming sector. White label services are provided as turnkey solutions, encompassing legal support, content sourcing, and comprehensive technology platforms. Operations focus on the CEE and EMEA regions, with features including on-demand streaming, offline playback, search functions, updated charts, automated playlists, recommendation algorithms, localization, and social sharing for user discovery and interaction.
Who are the top competitors of 3G Multimedia?
3G Multimedia's top competitors include Tuned Global, G'Audio Lab and XITE.
What products or services does 3G Multimedia offer?
3G Multimedia offers Background Music Service, Digital Signage Service, and App Development.
Who are 3G Multimedia's investors?
3G Multimedia has 1 investor. Key investors include PortfoLion.