WASHINGTON, D.C. – SPROCKIT, the global marketplace connecting the world’s top market-proven emerging companies in media, entertainment and technology, today announced its companies have collectively raised more than $1 billion, including $500 million after joining SPROCKIT. This milestone was reached as SPROCKIT unveiled its final selection of startup companies that will be featured in the SPROCKIT Hub at the 2019 NAB Show, held April 6-11 in Las Vegas.
Thirty-five SPROCKIT companies, composed of new and alumni members, will exhibit in the new Innovation Pipeline, located in the North Hall of the Las Vegas Convention Center. They will also participate in SPROCKIT Sync events, a series of private forums throughout the year, where industry executives and entrepreneurs meet to collectively discuss new technologies and collaboration opportunities to advance the industry. Among the attendees are SPROCKIT corporate members including Comcast, FOX Networks Group, Google, Hearst Television, Public Media Venture Group, Samsung NEXT, TEGNA, Univision and Verizon.
“When we first introduced SPROCKIT at NAB Show in 2013, our goal was to discover and spotlight the next generation of game changers in the media, entertainment and technology industry,” said Harry M. Glazer, founder and CEO, SPROCKIT. “Less than six years and more than 150 companies later, our members have collectively surpassed $1 billion USD in funding, including $500 million USD after joining SPROCKIT from heavyweights like Softbank, BDMI, and Google Ventures. It is a true testament to the power of the global community and strength of the collective.”
“Google values the innovative approach that SPROCKIT companies bring to the table,” said Chrissy Towle, Head of News and Local Media. “At each meeting, including SPROCKIT Sync SV at Google in Mountain View, we discover companies with solutions that can immediately address pressing needs in the media and technology space.”
The initial list of participating startups can be found here. The final round of participating startups includes:
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SPROCKIT is a global marketplace that curates, connects and fosters collaboration among leading media and mobility companies and the world’s top market-proven startups to bring innovative products, services and revenue models to market. Since its launch in 2013, more than 150 emerging companies have participated in SPROCKIT, raising more than $1 billion USD and experiencing partnerships and acquisitions. For more information, visit www.sprockitglory.com.
NAB Show, held April 6 - 11, 2019, in Las Vegas, NV, USA, is the world's largest and most comprehensive convention encompassing the convergence of media, entertainment and technology. With nearly 100,000 attendees from 165 countries and 1,700+ exhibitors, NAB Show is the ultimate marketplace for solutions that transcend traditional broadcasting and fuel the digital storytelling economy. From creation to consumption, across multiple platforms and countless nationalities, NAB Show is where global visionaries convene to bring content to life in new and exciting ways. For complete details, visit www.nabshow.com.
The National Association of Broadcasters is the premier advocacy association for America's broadcasters. NAB advances radio and television interests in legislative, regulatory and public affairs. Through advocacy, education and innovation, NAB enables broadcasters to best serve their communities, strengthen their businesses and seize new opportunities in the digital age. Learn more at www.nab.org.