Venture Scanner is your analyst and technology-powered startup research firm

Future of TelevisionStartup Landscape Trends and Insights

February, 2017

Future of Television (TV) report outline

2

This report provides an overview of the Future of TV sector and is broken down into three sections

Sector Description

High-level sector metrics with sub-category

definitions

Trends & Insights

Infographics and data points for the Future of TV

sector

Quarterly Activity

Major funding and exit events from the previous

90 days

Venture Scanner reports are built by analysts utilizing our startup database and landscaping platform

Future of TelevisionSector Description

3

Future of TV startups are creating new businesses in 11 different categories

The graphic above shows a sampling of companies in each category, stats as of February 2017 4

Future of Television

Learn about our full 711 company report with $21B in funding

Multi-Channel Networks Video Analytics Platforms Video Licensing Platforms Video Discovery Platforms Video Creation Platforms

Video Advertising Platforms Video Consumption Platforms

Social Video Platforms Video Infrastructure Platforms Video Distribution Platforms Video Management Platforms

Innovation quadrant for the Future of TV

AVERAGE FUNDING ($M)

AV

ER

AG

E A

GE

(Y

EA

RS

)

ESTABLISHED HEAVYWEIGHTS

PIONEERS DISRUPTORS

This quadrant shows a relative segmentation of the categories with respect to one another, Feb 2017 5

Video Consumption

Social Video Video

Creation

Video Infrastructure

Video Management

Video Licensing

Multi-ChannelNetworks

Video Distribution

Video Advertising

Video Analytics

Video Discovery

Future of TV startups play in many different categories (1 of 2)

6

Multi-Channel Networks49 Startups, $988M Total FundingCompanies that aggregate content from multiple publishers, such as individual YouTube publishers, into one channel

Video Advertising Platforms 138 Startups, $3.4B Total FundingCompanies that facilitate the delivery of video ads, aggregate video inventory, and provide a marketplace for digital ad space

Video Consumption Platforms120 Startups, $8.9B Total FundingCompanies that enable users to consume video content through the internet and across multiple screens

Social Video Platforms124 Startups, $4.7B Total FundingCompanies that build social networks around video content and provide applications intended for use alongside video programs

Video Analytics Platforms38 Startups, $628M Total FundingCompanies that provide viewer analytics and social media data around video content to publishers and content creators

Video Creation Platforms82 Startups, $3.2B Total FundingCompanies that offer streamlined tools sets that enable users to produce and edit video content

Category stats as of February 2017

Future of TV startups play in many different categories (2 of 2)

7

Video Discovery Platforms67 Startups, $339M Total FundingCompanies that help users find and curate relevant video content based on user preferences

Video Infrastructure Platforms40 Startups, $1.3B Total FundingCompanies that provide the backend systems to support video streaming services, data management, and data collection

Video Management Platforms94 Startups, $2B Total FundingCompanies that help manage video content libraries, such as video upload processing and metadata tagging

Video Distribution Platforms 118 Startups, $2.4B Total FundingCompanies that provide a network of servers to deliver content to users based on their geographical location

Video Licensing Platforms38 Startups, $2.6B Total FundingCompanies that manage the copyright on video content, syndicate with advertisers, and deliver the content to publishers

Category stats as of February 2017

Future of TelevisionSector Trends & Insights

8

9

Investing into the space is focused on the video consumption category

The video consumption category accounts for 29% of venture funding and 13% of total companies in the Future of TV startup sector

Venture Investing in the Future of TV

Companies are categorized by function, and therefore can exist in multiple categories. Feb 2017

-

20

40

60

80

100

120

140

160

0

2

4

6

8

10

Co

mp

an

y Co

un

tT

ota

l Fu

nd

ing

($B

)

VC Funding Count

10

VC funding into the Future of TV has been growing

Overall Future of TV VC funding grew at a CAGR of 18% from 2011-2016

Future of TV Funding Over Time

Data as of February 2017

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

4.0

4.5

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

To

tal F

un

din

g ($

B)

11

The Future of TV sector has entered the growth capital phase

Future of TV Funding Amount by Type

Recent years have seen an increase in late stage financings, implying established startups are demonstrating success

Graph shows only the funding types listed therein, data as of Feb 2017

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Fun

din

g A

mo

un

t ($

B)

Late Stage Series D Series C Series B Series A Seed

12

Future of TV startups founded in 2011 lead in VC funding

Startups founded in 2011 account for 23% of the sector funding over the last decade, and include companies like Snap Inc, Fastly, and Vidyard

Future of TV Funding By Vintage Year

Data as of February 2017

0.0

0.5

1.0

1.5

2.0

2.5

3.0

3.5

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

To

tal F

un

din

g ($

B)

Year Founded

13

Future of TV startups are a global phenomenon

Future of TV Startup Count by Country

0 475Companies

Data as of February 2017

14

Top VC investors are making bets into the Future of TV sector

Selected Investor Activity in the Future of TV

The above count represents a subset of overall investor activity, Feb 2017

0

5

10

15

20

25

30

35

Nu

mb

er o

f In

vest

men

ts

Number of Investments Number of Companies Backed

15

Future of TV exit activity has been dominated by acquisitions

Exit events within the Future of TV sector grew by 40% between 2011 and 2016

Future of TV M&A and IPO Events

Data as of February 2017

0

10

20

30

40

50

60

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Nu

mb

er o

f Exi

ts

Public Acquired

Future of TelevisionQuarterly Notable Events

16

17

Recent Future of TV funding statistics

There have been 44 Future of TV funding events since Oct 2016

Recent Future of TV Funding Round Counts

Graph shows only the funding types listed therein, Feb 2017

0

1

2

3

4

5

6

7

8

9

10

Seed Series A Series B Series C Series D Late Stage

Fun

din

g E

ven

t C

ou

nt

18

Recent Future of TV funding events

Notable Recent Future of TV Funding Events

Company Funding Type Amount Date

Debt Financing $1,530,000,000 Feb 21, 2017

Series C $600,000,000 Nov 15, 2016

Venture $57,600,000 Jan 2, 2017

Venture $56,000,000 Jan 12, 2017

Series B $50,000,000 Oct 10, 2016

Future of TV startups raised $2.9 billion since Oct 2016

Data as of February 2017

19

Notable recent Future of TV exit events

Notable Recent Future of TV Acquisitions

Company Acquirer Amount Date

$540,000,000 Nov 10, 2016

$310,000,000 Feb 22, 2017

$200,000,000 Nov 30, 2016

$106,000 Feb 16, 2017

Unknown Nov 17, 2016

There have been 27 exit events since Oct 2016, consisting of 16 acquisitions and 1 IPO

Data as of February 2017

About Venture Scanner

20

Venture Scanner is the foundation of your startup research

21

Our research and data keep you ahead of the Future of TV innovation curve

Save Time and Money

Get immediate access to years of startup research

Leverage Technology

Realize the power of our landscaping technology

Stay Current

See all updates and developments

Many international Fortune 500 companies trust Venture Scanner to help them with their startup landscaping and reporting needs

Venture Scanner is your analyst and technology-powered startup research firm

Want to learn more about our Future of TV report and data?

Click here or contact info@venturescanner.com to learn more