Culture Machine
digital video entertainment startup.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
* | $18.0m | Series B | |
| Total Funding | 000k | ||
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Culture Machine, established in July 2013, operated as a digital media company leveraging technology to create and distribute online video content. The company was co-founded by Sameer Pitalwalla and Venkat Prasad, who brought together complementary skills in media and technology. Pitalwalla, a University of Westminster graduate, had a background in digital media, having headed divisions at Disney India and the Times Group. Prasad, who holds an MBA from UCLA, was formerly a product manager at YouTube, contributing his technical and financial expertise. Their shared vision, conceived after meeting at a VidCon conference in 2011, was to build a significant South Asian media brand for the internet generation.
The firm's business model was centered on using proprietary technology to analyze video viewing trends on platforms like YouTube and Facebook. This data-driven approach allowed Culture Machine to identify what content audiences desired and then produce it at scale, serving both content creators and advertisers. Their technology, including platforms named "Intelligence Machine" and "Video Machine," indexed billions of videos to provide insights on formats, trends, and audience preferences. The business served brands such as P&G, Unilever, and Johnson & Johnson by helping them create targeted digital campaigns. Revenue was generated by working with global brands on their digital content marketing and by managing a large network of YouTube channels, which numbered over 700 at one point.
Culture Machine operated its own digital channels, including 'Being Indian', 'Blush', and 'Put Chutney', across various genres like comedy, lifestyle, and music. The company managed a network of over 350 channels and by 2014, it was clocking 400 million views. The company secured significant funding, including a Series A round in 2014 and a substantial $18 million Series B round in February 2015 led by Tiger Global Management. In February 2019, Rainshine Entertainment, a media and entertainment company, acquired a significant stake in Culture Machine. Following this, in October 2019, Culture Machine was restructured into two distinct businesses: CM Studios, focusing on long-form content and podcasts, and Lightstream, dedicated to digital content marketing services for brands. This transition also saw Sameer Pitalwalla move into an advisory role. Pitalwalla has since moved on to roles at Epic Games and currently heads gaming for Google Cloud in APAC.
Keywords: digital media, online video, content creation, media technology, Sameer Pitalwalla, Venkat Prasad, YouTube network, video analytics, digital marketing, brand content, content strategy, Tiger Global Management, Rainshine Entertainment, Being Indian, Blush, Put Chutney, video advertising, data-driven content, multi-channel network, social media trends, content monetization, digital entertainment, Indian startups