Jamie Dubs Internet Collection

2015 is off to a big start!

We’re excited to announce that we’ve closed a $5M Series B fundraising round led by Comcast Ventures, with participation from many of our existing investors: Union Square Ventures, Keith Calder, Lerer-Hippeau Ventures, Lowercase Capital, Alexis Ohanian, John Johnson and others. Comcast shares our vision for building the best way to distribute video online, and we’re excited to be working with them and welcoming Comcast Ventures’ Sam Landman to our board.

Two years ago, VHX started out as two people and a comedy special. Now, we’re a team of 20. Our platform is feature-rich and constantly growing, with over 3,500 titles and $4.7M in total sales. Big 2014 launches like Dave Grohl’s Sonic Highways series, Kevin Spacey’s Now, Harmontown, This American Life’s second release, and some wildly inspiring Internet-native success stories like Expelled, Camp Takota, and Black & Sexy TV helped make last year an awesome one, full of promise for all types of video publishers who want to distribute their work directly to fans.

This round of funding will pave the way for a few major goals. First, apps! Just last month we launched our new iOS app with another app announcement soon on the way — two big steps in our push for the best watchability across all devices. And, community! With thousands of titles and over a million customers on the platform, we have the opportunity to better connect our buyers and sellers, and build the vibrant, creator-friendly network we’ve always wanted.

Introducing: VHX Stats

We’re big believers in transparency and knowledge-sharing, and it’s time to put our money revenue stats where our mouth is. Today we’re launching VHX Stats, which will update daily, so you can watch the market grow as more people sell films and video content directly to fans.

The numbers that we’re putting out into the world so far are:

Number of titles for sale

VHX total gross revenue

Number of total transactions

Number of customers who’ve bought more than one title from VHX (something we want to improve)

Sales by geographic region

VHX is now open to the public

When we launched VHX, we never imagined we’d get to work with creators like Kevin Spacey, Dave Grohl, Ira Glass, and Aziz Ansari.

We’ve been in private beta the last two years, helping distribute feature films, documentaries, TV shows, comedy specials, concerts, lectures and more. We’ve helped launch Camp Takota, Upstream Color, Mistaken for Strangers, the Oscar-nominated The Act of Killing, and many more. VHX now has over 300 titles available for sale, over $3M in gross transactions, and almost 500,000 customers worldwide.

And we are so excited for our next moves. 

VHX is now open to the public. Anyone can sign up and start selling immediately. Our internet-video-shaped doors are wide open: https://vhx.tv

We are lowering our pricing. VHX is free to sign up and use, and we charge just 10% + $0.50 per transaction (down from 15-20%). No extra charges for credit card processing or anything – that’s everything. Transparency? Transparency. If you’re an existing publisher this pricing will be effective as of March 1st. 

Anything that used to be sold on DVD can be sold on VHX. Our platform works for a lot more than just film and TV. Faith, fitness, lifestyle, education…the list goes on. VHX also works for organizations both big and small: individuals, distributors, studios, networks, and more. Make a site to sell your work, distribute your project, and own the relationship with your audience. VHX is the technology platform that lets you run your own iTunes or Netflix. Your digital copies replace the old physical, anywhere in the world.