Ostmodern
Creating video platforms for some of the world’s leading entertainment companies.
£2m
Amount invested
London
LOCATION
Software
SECTOR
December 2020
INITIAL DEAL
Live
Overview
In 2021, Puma Private Equity deployed £2 million of equity into the product design and technology business, Ostmodern. This investment allows Ostmodern to accelerate the growth of its Skylark Platform, build out the team through new hires and introduce exciting new product features.
About Ostmodern
Ostmodern is a digital product specialist and creative technology company. The team collaborate with businesses to develop unique digital products and services. It has produced bespoke rich media and video on demand (VOD) for many high-profile clients across the world, including Formula 1, Sky NZ and Rakuten.
Building on the management’s expertise in the VOD sector, Ostmodern has developed a content management system (CMS) for rich media, Skylark, to enable content owners to better manage and commercialise their video content.
The company’s view
“Puma Private Equity’s funding and strategic support enables us to put in place appropriate plans for growth, and over the coming months, set up our reseller channel and referral partner network. We are excited about the future ”
Our view
“We are delighted to be supporting Ostmodern’s strong management team, as it draws on its long-standing experience in the industry to capitalise on the considerable growth of video on demand that we are seeing worldwide. With customer and end-user experience becoming increasingly important in our new digital landscape, we look forward to seeing the team lead the way in the rich media market.”
