03:01pm EDT|
Atmosphere TV Raises $25 Million To Stream Silent Ad-Supported Content In Bars And Dentist Offices Across America
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Atmopshere TV
It’s been more than a year since many Americans have sat inside a bar or restaurant, casually watching a silent TV play in the background. But as the nation recovers from pandemic lockdowns, one startup is raising money to capture patrons’ attention upon their return.
Atmosphere TV—a streaming platform that provides a range of audio-optional content supported by subscriptions and advertising—has raised a $25 million Series B round from Valor Equity Partners at a new valuation of $275 million. The funding comes less than a year after a $14 million Series A round in April 2020, just weeks after state and local lockdowns went into effect.