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Cheddar Raises $22 Million, Plans to Launch General News Network and Expand Globally

Cheddar announced a $22M funding round (Series D) that values the company at ≈ $160M.

Big increase: They were valued at $85M last year!

What is Cheddar? Cheddar is a “Post-Cable Network” that broadcasts live from the New York Stock Exchange. They are primarily distributed outside of the cable bundle (over-the-top) but have recently struck interesting distribution deals.

Flashback: Cheddar, The “Post-Cable Network,” Is Coming To Cable TV

New network: The new funding will be used to launch a second network called Cheddar Big News.

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