Sky lead $2MN investment round in US technology company SDVI

Sky lead $2MN investment round in US technology company SDVI
Editor
| 11 September 2018


As part of its ongoing strategy to invest in companies that it feels can bring innovation, insight and services into its business, pay-TV giant Sky has invested $2 million in SDVI.

Sky sdvi 11Sep2018A provider of cloud-based content supply chain management solutions, SDVI aims to provide a service that helps media and entertainment companies manage applications and resources across their content supply chains. At the heart of its platform is analytics which the company says allows customers to transform the utilisation of technical infrastructure and drive end-to-end efficiency improvement.

Sky joins existing SDVI shareholders Fox, Turner and Discovery who are also participating in this round of investment.

Commenting on this latest investment for the company — only days after it revealed plans to increase the reach and scale of its start-up investment — group director of business development and partnership Emma Lloyd, said: “This new deal shows Sky’s ongoing ambition to invest in pioneering and disruptive emerging technologies that can enhance our products and customer offering. This is an exciting opportunity to gain insights from a leading provider of supply chain management to improve the efficiency of a core part of Sky’s business.”

SDVI CEO and co-founder Lawrence R Kaplan added: “This strategic investment allows SDVI to partner with a true, global leader in television and media, while expanding our strong US position across Europe. SDVI and Sky have very strong alignment on the strategic future of media supply chain technologies and analytics, and this investment ensures our two companies continue to learn and grow together.”