AFI BLOG: Media and Technology

FORA.tv Closes Seed Round of Financing with Investment from Adobe - PRess Release

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.”