Social TV startup TELLYO receives seed investment from GS Group HELSINKI, FINLAND - Thursday 3 April 2014: TELLYO - the Finnish social TV startup and developer of the “Share the Moment” service has received a €200k investment from the international holding GS Group supporting GS Venture Fund to allow Tellyo to accelerate their development and growth throughout TV industry. Tellyo's Share the Moment service allows just-seen TV moments to be shared by viewers across the social media platforms. Using their second screen devices (smartphones or tablets) viewers can capture with a single click a short video clip of moments seen on TV and instantly share them with friends on Facebook and Twitter. Shared TV Moments amplify audience engagement and provides an additional revenue stream for broadcasters. Kimmo Koivisto, CEO and Co-Founder of Tellyo, comments: "It has been quite a journey for our company to understand the interest and needs of TV viewers and translate that into a service which can be offered across the TV industry. With this investment and GS Group`s support and expertise we can now accelerate our mission in creating the easiest way to share TV Moments as well as drive and monetize social engagement around TV." Share the Moment has already been used by nine top TV shows such as Big Brother and MasterChef in three countries. The shared moments from Finnish MTV’s show “Comedy Combat” recently reached almost two million Facebook users and generated over 100,000 likes, showing a growing demand for such service. Sergei Filimonov, Head of GS Venture within GS Group, commented: "We have been impressed by the early impact the Tellyo team have made with their Share the Moment service and we are excited to support this service to truly open the door and enable new monetization opportunities between TV and Social media industry. It is a service which we believe could become very successful and we look forward to seeing the service being adopted by many more operators wishing to boost their advertising revenues. We are not only investing to accelerate the company's growth, but we expect our globally expanding network of operators to further adopt Tellyo's services.” About TELLYO Tellyo is a Finnish technology company, founded in 2012 by four partners (Justyna Kowalska, Kimmo Koivisto, Mariusz Ostoja-Świerczyński and Jakub Majkowski) bringing a wealth of experience into the new venture within business and technology area from companies like Nokia and Cybercom. Tellyo’s innovation is focused around interaction and engagement with TV content. Its international offices are located in Helsinki, London and Lodz. Share the Moment video: http://www.youtube.com/watch?v=Y7qXz76unxc For further information, please contact: Kimmo Koivisto, CEO [email protected] www.tellyo.com +358 50 486 7543 About GS Venture Fund GS Venture is a part of international GS Group, a global developer of technology working with startups wishing to commercialise their innovative products or services, which match with the GS Group core business interests. For further information, please contact: Sergei Filimonov, Head of Venture Projects Department in GS Group [email protected] http://venture.gs/en/ About GS Group GS Group is an investment and industry holding, operating on the basis of its very own high technologies in telecommunications and innovation. The Russian headquarters of the holding company are located in Saint-Petersburg, the international office is in Zug, Switzerland. Key activities: implementation of international broadcasting projects , research and development and production in such fields as nanotechnology; microelectronics; construction and development of Technopolis GS innovation center; deep wood processing; investment in venture projects; media content production and management; software products design and integration; full-service advertisement; logistics and trade. http://en.gs-group.com/
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