Social Video Company IMGN Media Raises $3 Million

Israeli social video company IMGN Media, which is listed as Comedy Technologies Inc., announced last week it raised $3 million in a Series A round. Investors include New York-based venture capital firm Dot Capital, LLC, Rhodium Ltd, United Talent Agency, LLC, and KDC Media Fund, which is a joint venture of Keshet and Dick Clark Productions. The company has raised $6 million to date.

IMGN operates an online video platform where users can share humorous videos and posts, as and develops original and branded social media content such as memes. IMGN operates social platforms such as Daquan, an Instagram brand sharing memes on internet culture, and Soccermemes, an Instagram account dedicated to humorous content about soccer. IMGN has collaborated with companies such as Netflix, Burger King, MTV, and Microsoft.