By Evan DeSimone
Viddsee, a curated mobile cinema service that specializes in showcasing the work of Asia-based independent filmmakers, announced today that it has raised $2.3 million in funding from Japan-based VC firm CyberAgent Ventures.
Launched in 2013, by Singapore-based entrepreneurs Ho Jia Jian and Derek Tan, Viddsee offers users curated and subtitled short films and user-generated short-form video content from independent filmmakers across Asia. Last year, the company expanded its offerings to include original content with the web series “Get Social.” Earlier this year, Viddsee partnered with camera maker Nikon to create a rewards program to promote and support some of its most promising creators.
“We have witnessed a dramatic rise of short film consumption since our founding two years ago,” said Tan in a statement. “It’s not a stretch of the imagination to have a film viewed by half a million people, which is an equivalent of 3,000 full house screenings. In mobile-first Asia, short films are even more personal.”
CyberAgent Ventures has dabbled in the video space before, backing video messaging start-up Video Selfie in 2014. CyberAgent is based on Tokyo and focuses its investments on web properties in the Asia-Pacific region.