Wednesday, April 18, 2012

Shared Online Paywall Service Piano Media Secures 2 Million Euros From 3TS

Screen Shot 2012-04-17 at 11.11.18Slovak startup Piano Media, which has challenged the online media industry with an aggregated paywall concept, has raised ?2 million from 3TS, one of the leading private equity funds in Central and Eastern Europe. Piano Media, launched in May 2011, enables online publications to offer their readers premium content on a subscription basis. In July 2011 it raised ?300,000 from MONOGRAM Ventures, Etarget and NextBig.

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