Mass media company Comcast’s corporate venturing arm Comcast Ventures yesterday contributed to a series B round for US-based wellness video provider Grokker.
Grokker has now raised $22.5m in total funding, though the size of the series B round could not be ascertained. The company secured $5.5m in a series A round in 2013 led by Khosla that also featured First Round and angel investor Ron Conway.
Deals database Crunchbase lists an additional $10m secured in March 2014, however the claim is unsourced and the money does not appear in deals database Pitchbook’s records.
Backers of the series A round include venture capital firms SV Angel, First Round Capital, Khosla Ventures, Aspect Ventures, Interwest Partners and Correlation Ventures. Grokker has not revealed which of these returned for the series B round.
Grokker operates a subscription service for users to watch on-demand video tutorials for fitness, yoga, meditation and cooking. As part of its investment, Comcast will make Grokker’s content available to its own users.
Amy Banse, managing director and head of funds at Comcast Ventures, said: “We are passionate about helping our subscribers enjoy yoga and fitness at home or on-the-go.
“Grokker is the very best of the wellness and fitness apps, and with yoga as such a growing segment in the US, we believe our partnership and commitment to this holistic approach to health is a win-win for our shareholders, Grokker, and health minded consumers everywhere.”