Intel Capital has helped Delivery Agent, a commerce platform for entertainment and sports, raise $35.5m, leading the round.
US-based chipmaker Intel’s corporate venturing unit was joined by other investors including media company Liberty Global in the series E round. The round, which was joined by all of Delivery Agent’s existing investors raised $107.3m.
Delivery Agent’s other backers are T-Venture, the corporate venturing unit of Deutsche Telekom, as well as venture firms Grazia Equity, Bessemer Venture Partners, Worldview Technology Ventures, Cardinal Venture Capital, Focus Ventures, Ironwood Capital and Coral Group.
Mark Yi, managing director of Intel Capital, said: "This is an extremely exciting time for the advanced media industry. Delivery Agent’s vision for how consumers will synchronously transact while consuming entertainment and advertising content across platforms is in alignment with Intel’s vision for the digital home and connected consumers."
Bruce Dines, vice president of Liberty Global Ventures, said: "Our investment in Delivery Agent shows our conviction in the t-commerce space. Based on Delivery Agent’s proprietary technology platform, we believe the company is well positioned to lead contextually relevant transactional capability across television and other digital platforms, both inside and outside of the US."
GCA Savvian advised Delivery Agent on the financing.