Wednesday, June 11, 2003

Video on Demand Start-up Diva. AG Secures Venture Capital from Creathor Venture

Video on Demand Start-up Diva. AG Secures Venture Capital from Creathor Venture

Zurich based Diva. AG is the developer of an innovative B2B publishing hub for digital media assets. Diva. AG has secured funding from Creathor Venture.

Zurich, Switzerland (PRWEB) November 3, 2008

The Zurich based start-up, Diva. AG, is the developer of an innovative B2B publishing hub for digital media assets. Diva. AG has secured funding from Creathor Venture.

Diva distributes independent movies, TV series and documentaries to international video on demand platforms. Movie producers and sales organizations value Diva's service, which includes the digitization of media assets, sales and distribution as well as transparent reporting. Diva's proprietary Daedalum™ platform handles content normalization, encoding, metadata management, content management and aggregated reporting through an online dashboard.

This makes Diva a hub and essential go - between of two highly heterogeneous industries: content producers and retailers of digital contents. This allows Diva to create and benefit from a positive network effect of both contents and partners. Already today Diva's repertoire by far exceeds the selection offered by a local video store with many contents that are otherwise hard to find.

Diva's Managing Director, Kai Henniges, on Creathor's commitment: "We are glad to have Creathor Venture on board as they have deep roots in digital commerce. Diva will now expand its operations to Asia and North America and establish itself as the leading aggregator of independently produced contents."

Cédric Köhler, Investment Manager with Creathor is convinced that Diva will be able to establish itself as one of the first movers in the fast growing VoD market: "Media consumption is increasingly shifting online and with Diva's help the best filmed entertainment is put at the fingertips of consumers globally. Diva is well positioned to capture a healthy part of the value being generated through the IP distribution channel."

About Creathor Venture
Creathor Venture (www. creathor. de) invests in technology-oriented companies and entrepreneurs from the fields of life science, IT, telecommunication, new media, new materials, electronics, nanotechnology and clean tech. With 25 years of experience in the venture capital market, acting as lead investor for more than 200 companies and participating in over 20 IPOs we provide not only capital but also industry knowledge, expertise at building companies, and the network to develop a sustainable business model with a globally competitive advantage.

Cornelia König
Tel: +49 6172 13 97 20
Email: cornelia. koenig @ creathor. de

About Diva
Founded in 2007 Diva (www. diva. ag) is a leading aggregator of movies, TV series and short form contents supplying Video on Demand platforms globally. Diva's special focus are award winning independent films, true classics, horror and animation contents that are otherwise hard to find. These contents are taken to Internet platforms, telecommunications companies and cable companies in Asia, Europe, Middle East and the USA. Content selection, normalization, encoding and transaction reporting are handled by Diva's proprietary Daedalum™ platform. Privately held Diva AG is based in Zurich, Switzerland with representations in China, France, Germany, India and the USA.

Natalie Farrell
Phone: +41 44 586 66 32
Email: Natalie. farrell @ diva. ag

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