Tel Aviv-based venture capital firm Remagine Media Ventures LP has invested in artificial intelligence-based predictive analytics company Vault Analytics, co-founder and CEO David Stiff confirmed to Calcalist Tuesday.
For daily updates, subscribe to our newsletter by clicking here.
Variety first reported the story.
Founded in 2015 with offices in both Tel Aviv and L.A., Vault (registered as Osiris Technologies Ltd.) offers entertainment and media companies audience analytics system. In April the company announced a strategic investment from Latin American broadcaster TV Azteca SAB de CV.
Vault intends to use the investment for expansion, according to Stiff.
Launched in May, Remagine was founded by Eze Vidra, a former general partner at Google Ventures Europe, and by Kevin Baxpehler, the former head of ProSiebenSat.1 Media SE’s Israel investment office. The fund invests in early-stage Israeli media-related startups. On Sunday, London-headquartered media and telecommunications company Sky PLC announced a $4 million investment in Remagine.