About Next New Networks
Next New Networks is a company based in New York (United States) founded in 2006 was acquired by YouTube in March 2011.. Next New Networks has raised $46.42 million across 6 funding rounds from investors including YouTube, Goldman Sachs and Spark Capital.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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Funding Insights of Next New Networks
Next New Networks has successfully raised a total of $46.42M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $19.35 million completed in February 2011. 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 6
- Last Round Series C — $19.4M
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First Round
First Round
(01 Jan 2007)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2011 | Amount | Series C - Next New Networks | Valuation |
investors |
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| Dec, 2010 | Amount | Debt – Conventional - Next New Networks | Valuation |
investors |
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| Dec, 2010 | Amount | Series B - Next New Networks | Valuation |
investors |
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| 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 |
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Investors in Next New Networks
Next New Networks has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include YouTube, Goldman Sachs and Spark Capital. 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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Spark Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward US, India, and China.
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Founded Year | Domain | Location | |
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Investment banking services are delivered across multiple financial sectors.
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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 Next New Networks
| 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 - Next New Networks
| 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 |
Next New Networks Comparisons
Competitors of Next New Networks
| 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 Next New Networks
When was Next New Networks founded?
Next New Networks was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is Next New Networks located?
Next New Networks is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Next New Networks a funded company?
Next New Networks is a funded company, having raised a total of $46.42M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1M, raised on Jan 01, 2007.
What does Next New Networks do?
Next New Networks is an internet based micro television networks for targeted niche communities. The concept brings together elements of traditional TV networks with Internet functionality that invites viewers to contribute, share and distribute content. Next New Networks is the leading provider of original, episodic series programming for the Internet. Founded in 2006 amp; based out of NYC. Raised a debt round of 1M in Dec 2010. Acquired by Youtube in March 2011.
Who are Next New Networks's investors?
Next New Networks has 5 investors. Key investors include YouTube, Goldman Sachs, Spark Capital, The Pilot Group, and Big Brothers Big Sisters of the Laurel Region.