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Elastic Media announces pilot with KCET

JERUSALEM, April 4, 2017 /PRNewswire-iReach/ -- 3/23/2017 - Elastic Media, a company that leverages deep machine learning and automated video editing to provide a category leading, interactive mobile video experience, is proud to announce its first pilot with KCET, the US's largest independent public media organisation.

The platform, that enables users to browse video in the same way a person might flick through the pages of a magazine, is currently featured on "SoCal Connected", KCET's weekly award-winning newsmagazine and "Border Blaster", the new original world music video series curated by renowned internet radio station Dublab.

"We are excited about the features that Elastic Media is adding to our website and mobile presence with its seamless integration, and we look forward to delivering this video experience to our online viewers", says Bijan Rezvani, Digital Director, KCET.

Ronen Shoval, CEO of Elastic Media added, "KCET have been a great partner for us, their content is first rate and their audience is the exact, millennial audience we feel will appreciate our technology the most".

Jon Medved, CEO, OurCrowd said: "Elastic Media is at the forefront of the sector and has a huge future ahead of itself. We are undeniably proud of the team who have worked tirelessly to achieve this huge success and look forward to seeing the platform used with KCET."

Elastic Media, an OurCrowd first company, recently attended the OurCrowd Global Investor Summit, the world's largest ever equity crowdfunding event with an estimated 6,000 guests from 82 different countries in attendance.

About Elastic Media: Elastic Media has created a cognitive system that drives additional revenue and reduces costs for major media companies. Our intuitive video experience, created using a combination of deep learning and native gesture controls, is responsive to each unique user and tailored to each of their devices. Elastic Media's innovative interface allows viewers to browse a video broadcast as if they were leafing through the pages of a magazine, swiping through the content and expanding what they like. Proprietary targeting vectors drive Elastic Media's cognitive personalization, so that users view broadcasts curated to their preferences.

Press Contact: Gavin Goodvach, VP Business Development, Elastic Media

C:+972.54.244.8023: E: gavin.g@elasticmedia.io

About KCET: On-air, online, and in the community, KCET plays a vital role in the cultural and educational enrichment of Southern and Central California.

In addition to broadcasting the finest programs from around the world, KCET produces and distributes award-winning local programs that explore the people, places and topics that are relevant to our region.

Nearly two million viewers watch KCET in the average month. Broadcasting more than 8,000 hours of programming each year, KCET is the most-watched public television station in Southern California and the second most-watched public television station in the nation. In addition to its far-reaching broadcast signal, KCET is carried on satellite systems and on nearly 150 cable systems in 11 counties.

About OurCrowd: OurCrowd is the leading global equity crowdfunding platform for accredited investors. Managed by a team of seasoned investment professionals and led by serial entrepreneur Jon Medved, OurCrowd vets and selects opportunities, invests its own capital, and brings companies to its accredited membership of global investors. OurCrowd provides post-investment support to its portfolio companies, assigns industry experts as mentors, and takes board seats. The OurCrowd community of almost 17,000 investors from over 110 countries has invested over $400M into 110 portfolio companies and funds. OurCrowd already has thirteen exits to date, two IPO's and eleven acquisitions.

To join OurCrowd as an accredited investor visit http://www.ourcrowd.com and click "Join".

For OurCrowd Press Materials:

Press Contact: Leah Stern, Director of Communications, OurCrowd

C: +44.7470.196826 / USA Phone: +1.703.626.4310/ E: leah@ourcrowd.com

Israel: Estee Yaari, OurCrowd, +972 (0)50 200 7072 / E: estee.yaari@ourcrowd.com

Media Contact: Gavin Goodvach, Elastic Media, 972542448032, gavin.g@elasticmedia.io

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