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Millesima Technologies, a Tunisian video-on-demand startup, has raised $480K

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Millesima Technologies, a Tunisian startup registered with StartupAct that focuses on data technology, streaming video, and VOD, has announced a 1.5 million dinars (USD 480K) fundraising.

The launch of the MYVIOO platform will be aided by fund from BH Equity, a subsidiary of BH BANK that has been investing in private equity since 1997 and from a private company.

Companies and organizations can use the platform to have one or more VOD channels (videos on demand) and private, fully customizable live streaming.

Channels are available for a fee or for free. The latter, in particular, gives the channel’s owners complete control over the advertising area.

In 2022, it was estimated that more than 82% of all internet traffic worldwide was video.

Because of this, MYVIOO, the first platform of its kind in Tunisia, was made.

 

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Written by Grace Ashiru

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