Pongalo

Pongalo, founded in 2013 by Jorge Granier and Carlos Granier, established itself as a digital media platform focused on distributing popular programming to Latino audiences. Initially incorporated as GoTV Media Inc. in 2014, the company underwent name changes to Latin Everywhere Inc. and finally to Pongalo Inc. The company's early phase, from 2014 to 2017, was dedicated to building a substantial library of film and television content and developing its proprietary video streaming technology. This strategy included acquiring content catalogs from Latin Anywhere, Inc. and technology from Inmoo, Inc. Jorge Granier, a media and entertainment entrepreneur, was instrumental in this process and also served as an Executive Producer for the award-winning show "Jane the Virgin".

The company's core business was providing a subscription-based video streaming service that offered a vast collection of Spanish-language content, including major U.S. studio productions, classic titles, and original content. This service was accessible across multiple devices such as computers, smartphones, tablets, and Smart TVs. Pongalo's revenue model was centered on subscriptions, but it also explored ad-sponsored products. The platform targeted the growing Spanish-speaking market in the U.S. and aimed to capitalize on the increasing consumption of mobile content. The business secured funding from several institutional investors, including Revolution Studios, 500 Global, and Wavemaker Partners, over five funding rounds.

A significant milestone in the company's journey was its acquisition by Vix on August 20, 2019, which is now part of TelevisaUnivision. Before this exit, Pongalo had also made acquisitions of its own, such as Inmoo in January 2015. Post-acquisition, founder Jorge Granier has continued his entrepreneurial path, co-founding Rubicon Global Media in 2023. This new venture aims to adapt intellectual property from Latin America and Spain for a global audience, demonstrating his continued focus on elevating Latin American content.

Keywords: Latino media, Spanish-language content, video streaming platform, digital media distribution, subscription video on demand, on-demand content, Latino audiences, entertainment software, film and television library, content acquisition, mobile streaming, ad-sponsored video, Jorge Granier, Carlos Granier, Vix acquisition, Revolution Studios, 500 Global, Wavemaker Partners, Latin Everywhere, Rubicon Global Media