3Play Media, the leading provider of high-quality, fast-turnaround video
accessibility services at scale, announced today that it has received a
significant investment from Riverside Partners, a Boston-based private
equity firm. 3Play Media provides premium video captioning,
transcription, subtitling, and audio description services to more than
2,500 customers across multiple industries. 3Play Media’s technology
solutions employ an innovative approach that combines human editors with
natural language processing and machine learning to guarantee high
accuracy and fast turnaround at scale.
Founded in 1989, Riverside Partners manages over $1 billion in equity
capital and invests in growth-oriented technology and healthcare
companies. Riverside Partners’ strategy is to collaborate with
management teams to accelerate growth, particularly through accelerated
sales and marketing efforts, new product development and geographic
expansion.
“We are extremely excited about the next phase of 3Play’s growth,” said
Josh Miller, Co-CEO of 3Play Media. “From the founding of the company,
we’ve had a vision that one day, every video will be accessible for a
variety of reasons and use cases. This partnership will ensure that we
are on the forefront of making that a reality even faster.” Co-CEO,
Chris Antunes, added, “Technology has had a deep impact on how people
use and engage with media content. Riverside’s support as a technology
investor will enable us to continue to deliver unparalleled video
captioning and related services at scale for our customers, but also
accelerate our product roadmap and organizational growth to serve
customers, prospects and partners better than ever.”
Michelle Noon, a General Partner at Riverside Partners, commented, “As
technology investors, we recognize the unique differentiation and
scalability of 3Play Media’s solutions. As partners to management, we
could not be more enthusiastic to support Chris and Josh through the
Company’s next phase of growth and continued success.”
3Play Media’s goal is to make video accessibility as automated and
seamless for customers as possible through 99%+ accuracy, user friendly
workflows, flexible APIs, and the greatest number of integrations with
video platforms and players in the market. Customers span multiple end
markets including media and entertainment companies, e-learning and
higher education institutions, enterprise and ecommerce businesses in
multiple vertical markets, and government agencies.
About 3Play Media
3Play Media provides closed captioning,
transcription, and audio description to more than 2,500 customers
including in higher education, enterprise, entertainment, and
government. 3Play Media simplifies the process of making videos
accessible through flexible APIs, integrations with video players and
platforms, simple plugins, and a user-friendly online account system.
Learn more at www.3playmedia.com.
About Riverside Partners
Founded in 1989, Riverside Partners
is a middle market private equity firm currently investing Riverside
Fund VI. The fund focuses on growth-oriented companies primarily in the
healthcare and technology industries. Riverside Partners is particularly
experienced at partnering with founders, owners and management teams and
it brings substantial domain expertise and operating experience to its
portfolio companies. For more information, visit www.riversidepartners.com.
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