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Livestream Expert Genvid Raises Fresh Cash For Entertainment Arm, Taps Former Netflix Vet Cindy Holland As Advisor

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Livestreaming tech group Genvid Technologies has raised $113 million in a Series C funding round to create an entertainment subsidiary focused on interactive live events.New investors include Third Point Ventures, Cobalt Capital, LightShed Ventures (of media analyst Rich Greenfield et al), XN, and Lux Capital and the company said that former longtime Netflix executive Cindy Holland has joined in an advisory role to assist with content strategy and acquisition.Holland, previously Netflix VP Original Content, founded and ran the original series and documentary initiatives for the streamer.Genvid Entertainment will be dedicated to producing so-called “massive interactive live events” or MILEs, following the success of the Genvid-enabled

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