TigerSpike, which provides multi-platform, personal media technology solutions, has closed an $11m (£6.8m) minority equity financing from Aegis Media. TigerSpike says the funding will accelerate its future growth plans, expand its product group, and extend its reach into new markets.

TigerSpike has been recognised by the Deloitte Technology Fast 50 during each of the last four years, and says it expects to accelerate this growth by leveraging Aegis’ global network as it expands from hub offices in Sydney, London and New York.
“The hyper growth in mobile media adoption globally is creating tremendous opportunities for all organisations and content providers to more effectively engage with a growing number of connected users any time, any place, and on any device,” says Aegis Group CEO, Jerry Buhlmann. “TigerSpike’s technology platform is ideally suited to optimize the creation and delivery of highly sophisticated content to all flavours of personal media devices. We have been impressed by the company’s technology, people, and rapid growth in the marketplace.”

TigerSpike’s service delivery platform, Phoenix, enables customers to rapidly deploy content and services across a broad range of personal media devices. Phoenix is a cloud-based software as a service platform offering an extensible and scalable collection of multi-tenanted modules. TigerSpike’s customers include large publishers such as News Corp, The Daily Telegraph, and The Economist, plus brands including Diageo, Pepsi and Tetrapak.

“We are seeing a huge demand now from enterprise for tablet and phone apps as large corporations take advantage of these new devices,” says TigerSpike founder and CEO, Luke Janssen. “The first wave of mobile was consumer focused, the second wave of mobile is enterprise related. It is now upon us, and our newly announced partnership with Aegis will provide us with the resources we need to remain at the forefront of these huge growth opportunities. We are thrilled to have Aegis Media join us as a strategic investor in TigerSpike. Aegis’ global reach and leadership position in helping brands communicate with consumers will give our technology platform and culture of innovation a shot in the arm that will enable us to accelerate our high growth even further and offer a future-proof solution to our customers for years to come.”