VC group sinks $10MN into Bitcentral | Media Investment | Business
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Virgo Investment Group has completed a $10 million-dollar investment in Bitcentral, a provider of broadcast news production and distribution solutions.
bitcentral 21 march 2019
The investment from Virgo will accelerate the company’s newly launched FUEL solution for production, streaming and monetisation of streaming services. FUEL delivers curated content and advertising across digital and mobile platforms.

Founded in 2000 and headquartered in Newport Beach, Calif, with its Latin America headquarters in Mexico City, Bitcentral provides news production workflow software. The company’s products allow over 250 news producing TV stations in the US to create premium news content that reaches millions of viewers a day, and provides master control automation solutions that are integrated into broadcast operations worldwide.

“We are excited to have the support of Virgo as we solidify our leadership position in broadcast news production, and further expand into the multi-platform personalised streaming marketplace,” said Fred Fourcher, founder and CEO of Bitcentral. “Their investment and partnership will help us delight digital viewers and content owners outside of local TV. FUEL is a game changing solution that can transform the viewing experience across all content and devices.”