Australia's AI video startup Oovvuu raises $3.8m

Australia's AI video startup Oovvuu raises $3.8m

Oovvuu Founder and CEO Ricky Sutton. Oovvuu photo.

Sydney-based artificial intelligence video startup Oovvuu has raised $3.8 million in its latest funding round co-led by Cygnet Capital and CapitalPitch, according to a company statement.

Founded in 2014 by former Fairfax Media and broadcast executives, Oovvuu has more than 40 publishers and broadcasters on board, including the ABC, Al Jazeera, BBC, Endemol Shine, The Guardian, HBO, News Corp, SBS, and Seven West.

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