FORA.tv, the leading provider of online video content focused on discourse, discussion and debates surrounding the world's most compelling political, social and cultural issues, today announced the closing of its seed round of financing with an investment from Adobe Systems Incorporated. Adobe joins noted investor and venture capitalist Will Hearst who has invested personally in the seed round.
In addition to leveraging Adobe Flash® Player compatible video technology as its content delivery platform, FORA.tv is distributing video content via the new Adobe® Media Player. The Player offers high quality video and allows users to view their favorite content both online and offline via IPTV.
"Given Adobe's rich history of innovation and technology leadership, its investment is clearly the "˜good housekeeping seal of approval' for FORA.tv," said Brian Gruber, founder and CEO of FORA.tv. "As FORA.tv breaks ground in new areas of video content delivery, we could not have found a more ideal investor and collaborator than we have in Adobe."
"Adobe's investment in FORA.tv signifies our belief in the company's great opportunity to deliver a rich online media experience to consumers worldwide," added John Leckrone, director of Venture Development for Adobe. "FORA.tv is making innovative use of Adobe's Flash® Player compatible video technology. The fact that our shared vision for richer content delivery comes to life via the Adobe® Media Player is a win-win for us all."
FORA.tv joins a noteworthy group of content publishers distributing video content via the Adobe® Media Player. Content available from FORA.tv includes each of FORA.tv's channels as well as FORA Casts, representing featured content produced specifically for IPTV.
FORA.tv is based in San Francisco, California.
About FORA.tv
FORA.tv (www.fora.tv), is the leading provider of online video content focused on discourse, discussions and debates surrounding the world's most interesting political, social and cultural issues. FORA.tv delivers content via its proprietary FORA Player, mobile phones, iPods, cable video-on-demand and other distribution platforms such as Akimbo and Link TV. Content partners of Fora.tv include: C-SPAN; the Chautauqua Institution; the World Affairs Councils of Northern California,Dallas, Oregon, Philadelphia and Connecticut; TheBrookings Institution; Hoover Institution; the Cato Institute; New America Foundation; The Heritage Foundation;The Aspen Institute; The Commonwealth Club; TheNew School; The Long Now Foundation; the Museum of the African Diaspora; Asia Society; Hong Kong's Civic Exchange; University of London; Chatham House in London; Cambridge University; the Transatlantic Institute in Brussels; The Royal Institute for International Relations - EGMONT; and many of the America's top independent booksellers. Founded in 2006 by CEO, Brian Gruber, FORA.tv has been initially funded by a group of private investors, including leading media pioneer and venture capitalist, William R. Hearst III. FORA.tv is headquartered in San Francisco, California.
