Verizon Ventures, the corporate venturing arm of telecommunications firm Verizon, and R/GA, part of the Interpublic advertising group, have revealed the first eight startups for their Media Tech Venture Studio.
The 14-week initiative, which was announced in March this year, will enable startups to access the corporates’ networks of investors, mentors and brands. Each participant will also receive $100,000 in funding from Media Tech Venture Studio.
The startups include ad monitoring software developer Ad Lightning, virtual and augmented reality content data provider CognitiveVR, mobile-focused eSports platform GankStars and Imposium, the creator of technology that allows video advertising to be personalised.
The selection was filled out by local sports data crowdsourcing startup ScoreStream, online video distribution technology developer Streamroot, livestreamed content distribution platform Transmit.Live and legacy video data analysis startup Vidrovr.