News streaming app developer Haystack TV raised $2m from investors including Stanford-StartX Fund and appliances manufacturer Vestel to prepare for an expansion into Europe.
US-based news streaming app developer Haystack TV has received $2m in a round backed by the university’s Stanford-StartX Fund, according to Nasdaq.
The round was led by Vestel Ventures, a corporate venturing subsidiary of home and professional appliances manufacturer Vestel, with participation from Altair Capital and SV Links.
Founded in 2013, Haystack collates news content from more than 200 publishers from video portal YouTube, offering access through smartphone and smart TV apps marketed as a personalised news outlet aligned with…
