Categories: ChannelsStudios

Viral Video Producer Cut Lands Funding Round From New Otter Media Venture

You may not have heard of Cut, but if you spend a lot of time on Internet, you’ve probably seen some of the videos it has produced, and it has now leveraged its viral appeal to land a big influx of capital. The studio, known for creating popular series like Baked and 100 Years Of Beauty, has announced a funding round led by digital studio Gunpowder & Sky.

Much of Cut’s digital presence is centered around its YouTube channel, where it has 963,000 subscribers and more than 247 million views. Cut is in the viral video business, and its library evidences that fact: 40 of its videos have scored more than one million YouTube views. Its two most popular creations are Baked, which spotlights people who are smoking weed for the first time, and 100 Years of Beauty, which follows makeup and hairstyle trends across the past ten decades.

Subscribe for daily Tubefilter Top Stories

Subscribe

Through its new investment round, Cut is looking to expand its operations, create more videos, and distribute them across new platforms. Gunpowder & Sky, which launched in January 2016 out of a partnership between Otter Media, Van Toffler, and Floris Bauer, will support Cut as it cranks out more viral hits.

“We are really excited to work with Gunpowder & Sky,” said Mike Gaston, CEO of Cut, in a press release. “It’s rare to walk into an investment meeting and spend the entire time talking about storytelling. Van and Floris have an incredible depth of experience and a prescient sense for what’s coming next.They’re putting together an awesome team of makers and we look forward to earning our spot on their roster.”

Comcast NBCUniversal’s Comcast Ventures also participated in the funding round. The size of the investment was not disclosed.

Share
Published by
Sam Gutelle

Recent Posts

After cutting 15% of staff and saying goodbye to its CEO, Peloton must figure out what’s next

Peloton is dismissing a chunk of its workforce, including its top executive. Barry McCarthy announced that he is…

1 day ago

Meta is using AI to power brand and creator matchmaking on Facebook and Instagram

Meta is looking to improve creator and brand experiences on its platform by investing in AI. The…

1 day ago

Bob Does Sports cracks a cold one with new “Have a Day” tequila line

Bob Does Sports, the self-dubbed home of "brilliantly dumb sporting adventures" hosted by Robby Berger,…

1 day ago

Billion Dollar Boy launches biz dev community for creators with flagship location in London

Influencer marketing agency Billion Dollar Boy is launching a new membership community that's "dedicated to…

1 day ago

Millionaires: Giulia Amato on faith, finding her niche, and getting up at 4 a.m.

Welcome to Millionaires, where we profile creators who have recently crossed the one million follower…

1 day ago

Creators on the Rise: Celestial Sylvia reads the danger all around us

Welcome to Creators on the Rise, where we find and profile breakout creators who are…

2 days ago