Playplay Raises $55 Million To Transform The Video Content Creation Process For Enterprise Teams

PlayPlay — an online video creation platform for in-house enterprise teams — announced today that it has raised $55 million in a Series B round led by New York-based global venture capital and private equity firm Insight Partners, with participation from Balderton Capital. The investment will allow PlayPlay to further enhance its platform, accelerate international expansion by growing its first US-based office in New York City, and hire 100 new employees in technology, product, sales and marketing across Europe and North America.