Delivery Agent, Inc., the leader in multi-channel commerce for entertainment and sports, today announced that it has secured $35.5 million in funding led by Intel Capital with strategic investors, Liberty Global, and Grazia Equity. The Series E raise includes re-investment from all current investors, including Bessemer Venture Partners, bringing total equity funding to date to $107.3 million.
Delivery Agent secured global strategic investment from leaders that are entrenched in the evolution of interactivity in the digital home throughout the world, said Mike Fitzsimmons, Delivery Agent CEO. Our investors capital and expertise in advanced media, e-commerce and digital delivery will enable Delivery Agent to drive substantial value for our partners in the evolving entertainment commerce ecosystem.
Delivery Agent manages commerce for more than 40 global media partners and over 350 individual entertainment properties. The companys multi-channel commerce platform, which includes a proprietary transaction engine and contextual serving capabilities, serves longtime clients including NBC Universal, Twentieth Century Fox, CBS, Discovery Communications, UFC, A&E Television Networks, HBO, Showtime and more. To date, Delivery Agent has processed millions of entertainment commerce transactions across traditional web, social, mobile and connected television.
This is an extremely exciting time for the advanced media industry, said Mark Yi, Managing Director of Intel Capital. Delivery Agents vision for how consumers will synchronously transact while consuming entertainment and advertising content across platforms is in alignment with Intels vision for the digital home and connected consumers.
Our investment in Delivery Agent shows our conviction in the t-commerce space, said Bruce Dines, Vice President of Liberty Global Ventures. Based on Delivery Agents proprietary technology platform, we believe the company is well positioned to lead contextually relevant transactional capability across television and other digital platforms, both inside and outside of the US.
Germany, with almost 40 million TV households, represents one of the biggest and most diversified TV markets outside the US. Based on its impressive track record in the US, Delivery Agent is best positioned to play a major role in the commercialization of German and other European digital homes, said Torsten Kreindl General Partner at Grazia Equity.
GCA Savvian served as financial advisor to Delivery Agent on this financing.
About Delivery Agent, Inc.
Delivery Agent, Inc., named #1 Privately Held Media Company by Inc. Magazine and #3 on the Deloitte & Touche Silicon Valley Technology Fast 50, is the leader in shopping-enabled programming and content monetization for more than 350 entertainment properties from major media companies including CBS, NBC Universal, Twentieth Century Fox, Discovery Communications, A&E Television Networks, HBO, Showtime, The CW, Univision Communications, and The Weinstein Company, as well as for sports organizations including the UFC and several NFL and NBA franchises. Delivery Agent created the market for shopping-enabled programming by redefining how products tied to entertainment are cataloged, merchandised and sold online. With offices in San Francisco, New York, Los Angeles, Denver and London, Delivery Agent deploys its technology platform, including commerce applications, video and mobile products, and interactive advertising solutions to create profitable connections between entertainment content, consumers and brands. More information about Delivery Agent is available at www.deliveryagent.com
About Intel Capital
Intel Capital, Intels global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$10 billion in over 1,140 companies in 50 countries. In that timeframe, 191 portfolio companies have gone public on various exchanges around the world and 268 were acquired or participated in a merger. In 2010, Intel Capital invested US$327 million in 119 investments with approximately 44 percent of funds invested outside the United States and Canada.