FilmTrack Solidifies Market Leadership Position
In August 2017, FilmTrack secured $5.5 million in Series C Funding from Insight Venture Partners. This will bring the total equity raised to over $40 million, allowing the company to further invest in their cloud-based SaaS rights management solutions and to solidify its position as the leading rights management software provider across the media and entertainment industry.
FilmTrack was launched in 20017 by actor and screenwriter Jason Kassin and his brother Stephen. Their first-hand Hollywood know-how helped them to successfully compete with software giants like Oracle and SAP. FilmTrack's clients appreciate that the Kassins and their team of developers talk their language. As the media and entertainment sector continues to transition to a digital marketplace, businesses are turning to third-party technologies to help manage the growing complexities surrounding contracts, rights, and royalties.