VideoAmp Grabs $275 Million as It Aims for Nielsen's Crown

Harri Weber

Harri is dot.LA's senior finance reporter. She previously worked for Gizmodo, Fast Company, VentureBeat and Flipboard. Find her on Twitter and send tips on L.A. startups and venture capital to harrison@dot.la.

VideoAmp Grabs $275 Million as It Aims for Nielsen's Crown

VideoAmp revealed Thursday that it raised $275 million as it takes on Nielsen's media-measurement empire. The funding round led by Spruce House values the Los Angeles-based firm at $1.4 billion.

Like Nielsen, VideoAmp collects data on who's watching what — across traditional TV, streaming, and social networks like YouTube – in service of the ad industry. However, VideoAmp positions itself as an alternative to "legacy" systems, which it says are "fragmented, riddled with complexity and inaccurate."


Nielsen has maintained a tight grip on the industry for decades, but lately giants in media and advertising, such as NBCUniversal and ViacomCBS, are seeking out new benchmarks designed for the fragmentary age of streaming. Just last month Nielsen lost its accreditation from the non-profit Media Rating Council amid alleged issues with its data.

In addition to advertisers, VideoAmp says its platform is good for consumers, who "benefit from the platform's increased rigor around privacy standards and ability to minimize overly repetitive advertising."

However, the internet is also rife with guides on how to stop your television from snooping on you, which suggests that tech employed by VideoAmp — such as automatic content recognition (ACR) — is not exactly being welcomed at home.

ACR is the industry term for software that detects what you're watching and hearing. It's widely used, but not without controversy.

Back in 2017, TV maker VIZIO even settled with the FTC after the agency charged it had "violated the law when it used its automated content recognition ("ACR") software in more than 11 million internet-connected VIZIO televisions to determine what people watch – without their consent." Fast forward to 2021 and VIZIO's ad and data collection business is booming.

VIZIO and VideoAmp do business together, and earlier this month the two announced a renewed data partnership.

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Genies Wants To Help Creators Build ‘Avatar Ecosystems’

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Genies Wants To Help Creators Build ‘Avatar Ecosystems’

When avatar startup Genies raised $150 million in April, the company released an unusual message to the public: “Farewell.”

The Marina del Rey-based unicorn, which makes cartoon-like avatars for celebrities and aims to “build an avatar for every single person on Earth,” didn’t go under. Rather, Genies announced it would stay quiet for a while to focus on building avatar-creation products.

Genies representatives told dot.LA that the firm is now seeking more creators to try its creation tools for 3D avatars, digital fashion items and virtual experiences. On Thursday, the startup launched a three-week program called DIY Collective, which will mentor and financially support up-and-coming creatives.

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Here's What To Expect At LA Tech Week

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Here's What To Expect At LA Tech Week

LA Tech Week—a weeklong showcase of the region’s growing startup ecosystem—is coming this August.

The seven-day series of events, from Aug. 15 through Aug. 21, is a chance for the Los Angeles startup community to network, share insights and pitch themselves to investors. It comes a year after hundreds of people gathered for a similar event that allowed the L.A. tech community—often in the shadow of Silicon Valley—to flex its muscles.

From fireside chats with prominent founders to a panel on aerospace, here are some highlights from the roughly 30 events happening during LA Tech Week, including one hosted by dot.LA.

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How ‘Funny Water Company’ Liquid Death Made H2O Worth $700 Million

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College and previously covered technology and entertainment for TheWrap and reported on the SoCal startup scene for the Los Angeles Business Journal. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

How ‘Funny Water Company’ Liquid Death Made H2O Worth $700 Million
Liquid Death Files Paperwork to Raise $15 Million

When Santa Monica-based Liquid Death launched with funding from neighboring venture capital firm Science Inc. in 2018, the Los Angeles startup world – and everyone else – had nothing but jokes. But with the company’s latest $700 million valuation, it appears the joke is on the rest of us.

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