Mediatech startup Kumu raises US$5m Series A funding round from Openspace Ventures & PH Conglomerates

Investors include Kickstart Ventures, ABS-CBN, Gobi-Core Philippine Fund, Summit Media, and Foxmont Capital Partners.

Kumu Holdings Pte. Ltd., the firm that owns the technology behind Philippine live streaming app Kumu, has announced that it has raised approximately US$5m in a Series A funding round to roll out new features and scale up its operations.