Despite a drastic slowdown in cash seeping into digital media start ups and platforms, Mountain View, California based digital media outfit Ozy Media which was co-founded by one time cable news anchor Carlos Watson managed to raise $10 million which the company said it will use to expand its video and events offerings. This new round follows news just two weeks ago that the company was beefing up its video operations here in New York City with three new hires. The company now has the financial resources to move forward even more aggressively with plans to develop digital video and more television projects. The company partnered with PBS where it already produced a political documentary series called 'The Contenders'. Ozy has raised a total of $35 million to date.
OZY Media Lands Another $10 Million
Reviewed by Editor