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TigerSpike expansion fuelled by $11 million investment
Stephen Withers
Monday, 18 July 2011 13:36
Personal media delivery specialist TigerSpike has received an $11 million capital injection from marketing communication and market research group Aegis Media.
TigerSpike's cloud-based Phoenix platform allows the delivery of content and services to a range of personal media devices. One example is The Economist iPad app, and the company's other clients include Woolworths, Vodafone, Telstra, Diageo, SBS, NewsCorp, ResMed and the World Wildlife Fund.
"The investment is a significant milestone in TigerSpike's history, as it will enable us to achieve our growth plans outside of Australia and further our product development arm," said Alex Burke, the company's managing director for the Asia-Pacific region.
"We're committed to delivering best in class services for our clients, connecting organisations and audiences in a meaningful and relevant way through personal media devices. We are excited to build on our reputation as industry experts as we push the boundaries into new markets. The additional funds will provide the platform for that development."
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