Vessel secures $57.5 million in Series B funding
Online video subscription service Vessel has secured a round of Series B funding valued at $57.5 million, led by private equity investment firm Institutional Venture Partners (IVP).
Vessel provides access to videos from YouTube stars, including music acts, 72 hours before other platforms for a $2.99 monthly fee, The company is offering each creator $7 for every fan they convert to a Vessel subscriber.
Billboard reports IVP joins other investors, including Benchmark, Greylock Partners and Bezos Expeditions, in collectively raising a ...
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