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signageOS Closes $2 Million in Funding Led by Reflex Capital to Compliment Growth of the Only Digital Signage Unification Platform
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, July 27th, 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,” says Ondřej Fryc, Founder and Managing Partner, Reflex Capital. “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.”
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 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.
Stan Richter, CEO, signageOS states, “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 just on hardware.”
Founded in 2016 and based in Prague, Czech Republic, signageOS s.r.o. is the world’s first and only unification technology platform for digital signage. signageOS solutions encompass innovation in digital signage through modern technologies to create a standardized approach to multiple digital signage platforms and hardware. signageOS’s focus on platform integrations, hardware monitoring, and management provide businesses with the latest technological solutions to facilitate highly efficient digital signage development.
About Reflex Capital:
Reflex Capital SE is a private venture capital firm with investments in 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