signageOS announces $2 million in funding led by private investment firm, Reflex Capital, to expand operations and fuel platform enhancements.
signageOS s.r.o., Prague, Czech Republic, August 1, 2020 - signageOS, unification technology platform for digital signage, announces the closing of $2 million in early-stage funding from Reflex Capital, a private venture capital firm that invests in transformative technology companies. The investment follows rapid customer growth and partnerships with global industry leaders for signageOS, and further solidifies the signageOS unification technology in digital signage.
"As always, we decided to invest primarily in the team at signageOS and the great founders. They have created a global service for digital signage that meets all of the prerequisites for it to succeed. We are very happy that we can be a part of this journey." says Ondřej Fryc.
The funding by Reflex Capital will enable signageOS to further realize its position as the only digital signage unification technology provider and facilitate the expansion of the signageOS team and services. Furthermore, the funding will be used to accelerate operations, fuel further platform enhancements as well as support existing customers’ rapid growth.
signageOS provides a unified method to accessing and using smart commercial displays and other professional digital signage hardware. signageOS does this in conjunction with providing uniformed, cloud hardware management to content management system companies as well as other digital signage stakeholders like integrated solutions providers. The signageOS technology enables digital signage companies and their customers’ device networks to become truly hardware-agnostic thus ensuring long-term digital signage hardware compatibility with optimal performance.
Since launching in 2018 at the Integrated Systems Europe event, signageOS has garnered partnerships with global content management system companies as well as leading digital signage hardware manufacturers. Tens of thousands of devices across the globe in verticals such as banking, retail, airports, educational institutions, quick service restaurants, cinemas, among many others are connected and rely on the signageOS technology every day. signageOS solves the problem of hardware and software compatibility in digital signage creating a new market category in the industry. signageOS is building new business opportunities for its partners through an API-first approach while drastically increasing savings on development costs, platform integration maintenance, and remote troubleshooting.
“signageOS is paving a new path forward that redefines the status quo in digital signage hardware and software compatibility to benefit companies at all levels in the digital signage industry. Alongside our partners at Reflex Capital, we are excited to continue on this path even stronger and advance the signageOS technology to its full potential. Our efforts will continue to unlock new opportunities for all of our partners, build open ecosystems, and drive software-based innovation for the entire digital signage industry that has long been predominantly focused on hardware.” - Stan Richter, CEO, signageOS
About Reflex Capital
Reflex Capital SE is a private venture capital firm with investments into more than twenty companies in the Czech Republic and United States. Reflex Capital promotes the international success of exceptional Czech and American businesses by providing financial resources and guidance. Reflex Capital was founded in 2012 by Ondřej Fryc, the original founder of the e-commerce group, Mall.cz.
signageOS, the world’s first unification platform for digital signage, enables companies to integrate, deploy, and manage scalable networks of any digital signage hardware. signageOS utilizes modern technologies to provide unified and standardized APIs for highly efficient digital signage development. signageOS’s single codebase approach and knowledge base derived from years of development with digital signage hardware and platforms ensure a future-proof digital signage framework.