Theta Labs

About

The leading decentralized video delivery network powered by users and a native blockchain

Cupertino,California,United States
1 - 10
https://www.thetatoken.org/

Highlights

Details

Last Funding Type: Seed
Industries: Blockchain,Computer,Video,Video Streaming
Founded date: Jan 1, 2017
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Theta Labs, Inc.
Also Known As: Theta Token,Theta Network,Theta

Theta Labs pioneered Theta Network, the leading video delivery network powered by blockchain technology. Theta enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$113M

Theta Labs has raised a total of $113M in funding over 2 rounds. Their latest funding was raised on Mar 23, 2021 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 23, 2021	Series Unknown	$100M	4	—	—	Detail
May 10, 2019	Series Unknown	—	3	Samsung NEXT	—	Detail
Jan 30, 2018	Seed	—	2	—	—	Detail
Dec 18, 2017	Series Unknown	$12M	8	DHVC	—	Detail
Nov 1, 2017	Funding Round	$1M	7	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

2

20

Theta Labs is funded by 20 investors. Samsung NEXT and DHVC are the most recent investors.

Investor Name	Lead Investor	Funding Round
Samsung NEXT	Yes	Series Unknown
DHVC	Yes	Series Unknown
GFR Fund	—	Series Unknown
Heuristic Capital	—	Series Unknown
Sierra Ventures	—	Series Unknown
The Venture Reality Fund/VRF	—	Series Unknown
UpHonest Capital	—	Series Unknown
Wei Fund	—	Series Unknown
AlphaCoin Fund	—	Seed
IOSG Ventures	—	Seed