Vadio distributes music videos and video ads to a number of audio platforms, including streaming services. Vadio currently has a direct partnership with VEVO, in which they distribute VEVO’s videos to other platforms.
Surprise, surprise. VEVO’s former CEO Rio Caraeff has now joined Vadio’s Board of Advisors. Yair Landau, Vice Chairman of Sony Pictures Entertainment, is now Chairman and COO of Vadio.
Vadio has raised $7.5 million in Series A funding. The round was led by Marker LLC.
Existing investors and other unnamed sources also participated in the round.
Vadio says the funding will “scale the company’s efforts to deliver music video content to the services people enjoy most“.
Back in August, Vadio announced that they had raised $2 million in seed funding.
Nina Ulloa covers breaking news, tech, and more: @nine_u