Mediamorph, a cloud-based service which tracks and measures all digital assets across all digital platforms, has raised an additional $8 million, from Smedvig Capital and Motorola Mobility. Co-founder and Chairman Shahid Khan told me that the funding will be used primarily to expand into Europe and to strengthen its range of service offerings. Total funding raised to date is $11 million.
Mediamorph addresses a key pain point for content providers: as digital distribution platforms multiply, there is massive complexity in cohesively tracking and measuring viewership by platform and then determining the compensation due per contractual terms. Shahid said the company now has relationships with 350 different distributors from which it receives usage data on behalf of content provider clients such as Sony Pictures, Warner Bros., Lionsgate, HBO, Starz and others. Mediamorph accepts either structured or unstructured data, crunches it, and then provides a cloud-based, customizable dashboard so that clients can see exactly how their assets are performing either as a whole, or with specific outlets like iTunes, Hulu, Netflix, etc.