TechTaffy

tech:

taffy

FilmTrack Raises $20 Million

944 views

Cloud-based rights management company FilmTrack has closed a $20 million equity investment from Insight Venture Partners.

Peter Sobiloff and Nikitas Koutoupes, managing directors at Insight Venture Partners, will be joining FilmTrack’s board. Michael Lang, CEO of Lang Media Group, and the former CEO of Miramax Films, and a strategic advisor to the company since 2012, is also joining the FimTrack board.

FilmTrack offers cloud-based enterprise-class solutions for content, contract, and rights management. FilmTrack clients include Relativity Media, The Weinstein Company, Focus Features, Miramax, Lionsgate, Screen Australia, and Starz, among others, says the company.   

Also see:

Industry

Yes Bank adopts Azure Red Hat OpenShift

Yes Bank, an Indian bank headquartered in Mumbai,  is embracing Azure Red Hat OpenShift, Red Hat said in a statement on Monday. 
Industry

AWS launches Aurora I/O-Optimized for I/O-intensive applications

Amazon Web Services (AWS) has unveiled Amazon Aurora I/O-Optimized, a new configuration designed to improve price-performance and provide predictable pricing for customers with I/O-intensive applications.
Industry

Motorola Solutions secures five-year contract to maintain Portugal’s public safety communications network

Motorola Solutions has been awarded a five-year contract by the Portuguese Ministry of the Internal Administration to maintain and enhance Portugal's mission-critical public safety communications network.
Industry

HPE opens global center of excellence in Greece

Hewlett Packard Enterprise (HPE) announced the opening of a global center of excellence (CoE) in Athens, Greece.
Industry

Capgemini selected by EC to coordinate NGI IoT project

Capgemini has been selected to coordinate the Next Generation IoT project, part of the European Commission's Next Generation Internet (NGI) initiative.