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Livestreaming platform TVPlayer secures another £5m in funding from A&E

London-headquartered livestreaming service, TVPlayer, has secured another tranche of multi-million pound funding according to investor YOLO Leisure and Technology.

In an announcement to the Stock Exchange this morning, YOLO said that it has contributed to the £5m funding round which was again led by US international TV group A&E Television Networks.

In a statement, the investment firm said: “Yolo is pleased to confirm that the Company made an additional investment in TVPlayer to ensure that the Company maintained its existing holding in what the Board of Yolo considers as one of the most exciting technology offerings in the European streaming marketplace.”

More to follow.

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