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Telly

company

About

Telly is a VOD platform that offers premium content sourced from Bollywood and the Arab region.

Details

Last Funding Type
Series Unknown
Industries
Media and Entertainment,Mobile,Video,Video Streaming
Founded date
Jan 1, 2007
Number Of Employee
11 - 50
Operating Status
Active
Legal Name
Telly, Inc.
Also Known As
Twitvid

Telly (formerly Twitvid) is a premium subscription video-on-demand service that focuses on the best of entertainment and exclusive locally produced content. As well as screening exclusive and original content, Telly's programming includes; Bollywood movies, TV shows, locally produced content, Kuwaiti short films, and many more all of which can be found on the Telly App and website.

Telly mainly generates revenue mainly from subscription-based services as opposed to advertising to avoid losing customers to interruptions caused by the adverts, however, their business model is considered to be facing competition by video piracy.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
9
$21.11M
Telly has raised a total of $21.11M in funding over 2 rounds. Their latest funding was raised on May 4, 2015 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 4, 2015 Series Unknown $3.23M Detail
Dec 19, 2013 Series B $8M 5 Detail
Oct 7, 2013 Series B $3.38M Detail
Sep 29, 2011 Series A $6.50M 1 Azure Capital Partners Detail
Jan 24, 2010 Series Unknown 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
11
Telly is funded by 11 investors. Azure Capital Partners and Cinemagic are the most recent investors.
Investor Name Lead Investor Funding Round
Azure Capital Partners Series B
Cinemagic Series B
Felicis Ventures Series B
Georges Harik Series B
Lumia Capital Series B
MVI (MENA Venture Investments) Series Unknown
Wavemaker Partners Seed
XG Ventures Series Unknown
Amidzad Partners Angel
Plug and Play Angel

Employee Profiles

Number of Employee Profiles
6
Telly has 6 current employee profiles, including Advisor David Lee
Advisor
Board member
Advisor
Board member

Acquisition

Telly has acquired 3 organizations. Their most recent acquisition was Frugalo on Mar 19, 2012. They acquired Frugalo for 0.

Date Company Name
Industry Acquisition Type Price
Mar 19, 2012 Frugalo
Coupons acquisition Detail
May 16, 2012 Cull TV
Music Detail
Dec 19, 2013 Sha-Sha
News Detail