iflix raises $90M to expand its Netflix alternative to more emerging markets

 iflix, a Netflix-like service that covers Southeast Asia and other emerging markets, has closed $90 million in new funding to expand its service into new countries. The round was financed by international cable firm Liberty Global, Middle East and Africa-focused operator Zain and existing backers Sky, Catcha Group and EMC. Sky made a $45 million investment last year, while Catcha Group and… Read More