The company boasts more than 200,000 users that use the platform to create, distribute, monetize, store, protect and measure their content.
Digital rights management and monetization startup Vydia this week completed its initial close of $7 million in Series A funding, which was led by Vocap Investment Partners and included participation from Newark Venture Partners.
The move brings Vocap Investment Partners managing director Vinny Olmstead onto Vydia's board of directors.
He said in a statement, "Vydia has a significant head start as the category leader in the rapidly expanding video content market. The proliferation of serious content creators coupled with the disruption driven by social media as a distribution channel has created the need for a new kind of technology solution. Vydia had the foresight to recognize and act on this opportunity and is now leading the way with a software solution that is simple and elegant for both creators and companies that manage content creators."