Sony Pixel Power calrec Sony

Whipclip Raises More an $40 Million In New Financing Led By Eminence Capital

07/07/2015

LOS ANGELES July 7, 2015 Whipclip, the mobile platform that allows consumers to legally create and share their own video clips of television shows and music videos, today announced that it has raised more than $40 million in the initial closing of its Series C financing led by Eminence Capital, LP, a $6.4 billion asset management firm. Additional participants include existing investors Institutional Venture Partners and Raine Ventures.

The new funding will be used to accelerate Whipclip's product development and further build its operations and content partner relationships. As part of the financing agreement, Eminence Capital will join the Company's Board of Directors.

By partnering with leading networks and content providers Whipclip is truly pioneering a new model to allow viewers to discover and interact with great content from broadcast media and the music industry, said Ricky Sandler, Chief Executive Officer of Eminence Capital. We are excited about the Company's potential and are thrilled Whipclip chose to partner with us given their many options for capital. We look forward to working with the rest of the investors and management team to help accelerate Whipclip's next phase of growth.

Whipclip offers a new way for consumers to legally share popular television shows and music videos and for content owners to promote their programming, drive social engagement and reach new audiences, said Richard Rosenblatt, co-founder, Chairman and CEO of Whipclip. Eminence is an important partner as we grow our business and this investment will enable us to enhance the Whipclip platform, broaden our audience and add more content partners.

Whipclip's other prominent investors besides Eminence Capital, Institutional Venture Partners, and Raine Ventures, include William Morris Endeavor, Ziffren Brittenham, Greycroft, as well as leaders of the media community including Ari Emanuel, Peter Guber, Steve Bornstein, Scooter Braun, Gordon Crawford, and Ron Zuckerman.

Through Whipclip's existing collaborations with leading television networks ABC, CBS, FOX, Turner, Viacom, A+E Networks, Bloomberg, Fusion, OWN, and Pop, and major music companies Universal Music Group and Sony Music, users can clip live TV as well as search for specific moments within past episodes and share them with friends, enabling better discovery of shows and music videos.

Using Whipclip, fans create and share clips from their favorite TV shows such as Bob's Burgers, Dancing with the Stars, Duck Dynasty, Inside Amy Schumer, The Late Late Show with James Corden, The Last Man On Earth, Love & Hip Hop, Married at First Sight, NCIS: Los Angeles, New Girl, Once Upon a Time, The Talk, UnReal, Workaholics, and many more.

In the past few months, Whipclip has partnered with more than 25 publishers to enable them to embed video clips of popular shows like Dancing with the Stars into their stories, resulting in the clips being viewed millions of times. The company has added popular shows such as The Bachelorette, Bellator MMA, Conan, So You Think You Can Dance, UnReal, and live events and award shows such as the Critic's Choice Awards and the 42nd Annual Daytime Emmy Awards.

The Raine Group and Latham & Watkins LLP advised on the transaction on behalf of Whipclip.

Whipclip is available for free on the App Store. For more information, visit www.whipclip.com.

Follow Whipclip on Twitter at @whipclip and Facebook.

About Whipclip

By enabling users to create, search and share television and music video clips from their mobile devices, Whipclip is enhancing content discovery and social engagement. Whipclip collaborates with leading television networks such as ABC, CBS, FOX, Turner, Viacom, A+E Networks, Bloomberg, Fusion, OWN, and Pop, as well as major music companies Universal Music Group and Sony Music. Whipclip launched in March 2015 with the Comedy Central Roast of Justin Bieber. The company was founded by Richard Rosenblatt and Ori Birnbaum in 2014 and is located in Santa Monica, Calif., and Tel Aviv, Israel.

About Eminence Capital

Eminence Capital, LP is a global asset management firm founded by Ricky Sandler in 1998. The firm currently manages more than $6 billion through both long/short hedge funds and traditional long funds. Eminence employs a fundamental bottom-up, research-driven investment strategy that utilizes extensive industry and company diligence as well as rigorous financial analysis to select the investments in its portfolios.

About Institutional Venture Partners (IVP):

With $5.4 billion of committed capital, Institutional Venture Partners (IVP) is one of the premier later-stage venture capital and growth equity firms in the United States. Founded in 1980, IVP has invested in over 300 companies and 102 have gone public. IVP is one of the top-performing firms in the industry and has a 34-year IRR of 43.2%. IVP specializes in venture growth investments, industry rollups, founder liquidity transactions and select public market investments. IVP investments include such notable companies as AppDynamics, ArcSight (HPQ), Buddy Media (CRM), ComScore (SCOR), Datalogix (ORCL), Domo, Dropbox, Dropcam (GOOG), Fleetmatics (FLTX), HomeAway (AWAY), Kayak (PCLN), LegalZoom, LifeLock (LOCK), Marketo (MKTO), MySQL (ORCL), Netflix (NFLX), Omniture (ADBE), OnDeck (ONDK), Prosper, Pure Storage, RetailMeNot (SALE), Shazam, Slack, Snapchat, SoundCloud, Supercell, Synchronoss (SNCR), The Honest Company, Twitter (TWTR), Zenefits, and Zynga (ZNGA). For more information, visit http://www.ivp.com or follow IVP on Twitter: @ivp.

--
LINK: http://www.ivp.com/news/press-release/whipclip-raises-more-than--40-mi...
See more stories from ivp

Most recent headlines

23/12/2025

Nielsen, Roku Expand Measurement Partnership

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

PwC: Streaming Market Shifting to 'Scale and Sustainability'

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Inside the Gray Innovation Lab

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

ESPN Renews Deal for Heisman Trophy Coverage

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Gray Media to Acquire WBBJ from Bahakel Communications

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

23/12/2025

Taking the Stage at Carnegie Hall-On a Global Scale

Taking the Stage at Carnegie Hall-On a Global Scale Boston Conservatory Orchestra students reflect on their epic concert marking the 80th session of the UN Gene...

22/12/2025

SVG New Sponsor Spotlight: Presidio's Neerav Shah on the Role of Its Captivate and Resonate Platforms in Sports Production

SVG New Sponsor Spotlight: Presidio's Neerav Shah on the Role of Its Captiva...

22/12/2025

Hitting the Bullseye: Sky Sports Readies Itself for the Biggest PDC World Darts Championship to Hit Ally Pally Yet

Hitting the bullseye: Sky Sports readies itself for the biggest PDC World Darts ...

22/12/2025

Unique Skillset: Bringing New Directors to the World of Darts at The Worlds with Sky Sports

Unique skillset: Bringing new directors to the world of darts at The Worlds with...

22/12/2025

Gravity Media Prepares for a Flight of Fancy With the PDC World Darts Championship 2025 for Sky Sports

Gravity Media prepares for a flight of fancy with the PDC World Darts Championsh...

22/12/2025

One Hundred and Eighty: Gravity Media on Hitting the Production Bullseye at the World Darts Championship 2025

One hundred and eighty: Gravity Media on hitting the production bullseye at the ...

22/12/2025

The Famous Group's Jon Slusser on Fascinating Fans Through Immersive Content Experiences

The Famous Group's Jon Slusser on Fascinating Fans Through Immersive Content...

22/12/2025

ESPN's Meg Aronowitz on Continuing High-Quality Broadcasts of Collegiate Sports, Expanding Growth of Internal Production Team

ESPN's Meg Aronowitz on Continuing High-Quality Broadcasts of Collegiate Spo...

22/12/2025

ESPN Takes Data-Driven Storytelling to New Heights with MNF Playbook with Next Gen Stats' NFL Altcasts

ESPN Takes Data-Driven Storytelling to New Heights with MNF Playbook with Next ...

22/12/2025

A Decade of Giving: Fest & Flauschig' Christmas Circus Celebrates Record Turnout and Generosity

For a decade, popular German podcast Fest & Flauschig has hosted an annual Chris...

22/12/2025

Paramount and Netflix Boast Double-Digit Gains in Nielsen's November Media Distributor Gauge

Paramount Scores Largest Share Increase Among Distributors as Paramount and CBS...

22/12/2025

Nielsen and Roku Expand Strategic Measurement Partnership

New multi-year deal integrates Roku's data to fuel Nielsen's measurement suite Roku gains access to Nielsen's streaming ratings, showing The Roku C...

22/12/2025

Allen Media Group to Deploy Infillion TrueX for Streaming Services

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

22/12/2025

Berklee Wrapped 2025: Our Top News and Stories

Berklee Wrapped 2025: Our Top News and Stories A look back at a year highlighted by faculty milestones, major film and television projects, Bob Dylan's ho...

22/12/2025

Marine Biological Laboratory Explores Human Memory With AI and Virtual Reality

The works of Plato state that when humans have an experience, some level of change occurs in their brain, which is powered by memory - specifically long-term me...

22/12/2025

Space42 and LatConnect 60 Expand Access to Advanced Geospatial Intelligence

Partnership integrates complementary satellite data and AI analytics to enhance security, infrastructure, and environmental monitoring solutions for global cust...

22/12/2025

Simplify Playlist Management with Workflows in WO Automation for Radio

Workflows allow you to create a sequence of planned events which may be added to your template(s) or inserted directly into your sequential or background playli...

22/12/2025

Sky extends PGA TOUR partnership until 2029, as Sky Sports remains the unrivalled home for golf fans in the UK and Ireland

Monday 22 December 2025 Sky extends PGA TOUR partnership until 2029, as Sky Spo...

22/12/2025

Global Anime Hits and New Releases Take Center Stage at Jump Festa 2026

Back to All News Global Anime Hits and New Releases Take Center Stage at Jump Festa 2026 Entertainment 22 December 2025 GlobalJapan Link copied to clipboar...

22/12/2025

Christmas with Oliver Callan on RT

Siobh n McSweeney, Rory McIlroy, Elon Musk, Catherine Connolly, Jim Gavin, Ivan Yates and Traitor Paudie Moloney lead new characters for Callan Kicks the Year 2...

22/12/2025

Monaghan's McKenna family crowned Ireland's Fittest Family 2025

Winner announced in the picturesque surroundings of Wicklow's Avondale Tower and Treetop Walk Andrew Trimble wins the show in his first series as coach Th...

22/12/2025

RT lyric fm Choirs for Christmas 2025 Winners Announced

The 2025 winners have been announced today, Sunday 21 December, for Ireland's largest choral competition Choirs for Christmas hosted by RT lyric fm. Ove...

21/12/2025

Legoshi and Haru's Story Reaches Its Finale: BEASTARS Final Season Part 2' Premieres March 2026, Main Trailer Out Now

Back to All News Legoshi and Haru's Story Reaches Its Finale: BEASTARS Fin...

21/12/2025

Rory McIlroy caps stellar year by winning the RT Sport Sportsperson of the Year 2025

John Shortt named Young Sportsperson of the Year Kerry are the Team of the Year ...

20/12/2025

Atomos Updates Ninja TX GO-Ninja TX With ProRes RAW and C...

Atomos announced the immediate availability of a new firmware update for its Ninja TX GO and Ninja TX monitor-recorders, unlocking ProRes RAW recording from the...

20/12/2025

CJP Broadcast Completes Digitisation of European Gymnasti...

CJP Broadcast has completed the digitisation of the European Gymnastics tape archive, converting 328 tapes containing more than forty years of recorded material...

20/12/2025

Bitmovin Launches Stream Lab MCP Server

Bitmovin, the leading provider of video streaming solutions, today announced the launch of the Stream Lab MCP Server, to give AI agents and large language model...

20/12/2025

Gracenote Unveils New Immersive Features for Sports Hubs

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

20/12/2025

Morgan Murphy Media Promotes Jill Shiroma to VP of Digital Strategy

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

20/12/2025

Samsung Makes GameBreaks Ad Format Available Programmatically

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

20/12/2025

FCC Extends Deadline for Comments on Upper C-Band Proposals

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

20/12/2025

Scripps Sports Inks Deals for Soccer and Professional Cheerleading

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

20/12/2025

Atomos Unveils Firmware Update For Ninja TX and TX GO

Share Share by: Copy link Facebook X Whatsapp Pinterest Flipboard...

20/12/2025

Barack Obama Includes Laufey on His 2025 Favorite Music List

Barack Obama Includes Laufey on His 2025 Favorite Music List The former presidents roundup of books, music, and movies includes a song from the Berklee alums ...

20/12/2025

December 19, 2025

Study reveals a key hormonal circuit in the kidneys Scripps Research scientists identify the protein that helps kidney cells regulate renin, providing foundatio...

19/12/2025

With Playout Release 2025.4, ToolsOnAir continues to push professional playout workflows forward on macOS.

With Playout Release 2025.4, ToolsOnAir continues to push professional playout w...

19/12/2025

SVG Sit-Down: Diversified's Jared Timmins on AI for Broadcast Sports and Creating the Smart Venue'

SVG Sit-Down: Diversified's Jared Timmins on AI for Broadcast Sports and Cre...

19/12/2025

2025 SVG Summit Audio Recap: Say What?

2025 SVG Summit Audio Recap: Say What?The Audio Production and Distribution Workshop at the SVG Summit 20 took on issues including speech intelligibility, Next-...

19/12/2025

Gamified Fun: Channel 5 on its NFL Big Game Night Ambitions with Hungry Bear Media

Gamified fun: Channel 5 on its NFL Big Game Night ambitions with Hungry Bear Med...

19/12/2025

College Football Playoff Preview: For ESPN, Round 1 is a Fantastic Yet Familiar Saturday of Production

College Football Playoff Preview: For ESPN, Round 1 is a Fantastic Yet Familia...

19/12/2025

AWS's Jason Dvorkin on Developing Partnerships With the NBA and PGA Tour, Embracing the Use of Agentic AI

AWS's Jason Dvorkin on Developing Partnerships With the NBA and PGA Tour, Em...

19/12/2025

Netflix Kicks Off Packed Sports Week with Paul-Joshua Fight Before Shifting to NFL Christmas Doubleheader

Netflix Kicks Off Packed Sports Week with Paul-Joshua Fight Before Shifting to N...

19/12/2025

SVG New Sponsor Spotlight: Presidio's Nareev Shah on the Role of Its Captivate and Resonate Platforms in Sports Production

SVG New Sponsor Spotlight: Presidio's Nareev Shah on the Role of Its Captiva...

19/12/2025

US Marine Corps Increases Affordable Mass Demonstrations with Successful Red Wolf Low-Altitude Live Fire

Mounted to the pylon of an AH-1Z Viper helicopter, a Red Wolf vehicle successful...