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 to get the latest creator news

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

Creators are finally getting an official Small Business Association classification, making it much easier for them to access loans, grants, and more

For the very first time, the U.S. Small Business Association has issued digital content creators…

9 hours ago

Have you heard? Creator ‘Jeopardy!’ returns, Baby Shark meets Dr. Seuss, and Electrify powers up.

Each week, we handpick a selection of stories to give you a snapshot of trends,…

10 hours ago

Here’s some advice: LinkedIn has a new monetization product built around consulting sessions

On October 15, LinkedIn unveiled a slew of updates for its 24-year-old platform. There's a lot to…

12 hours ago

TikTok Shop promises many Happy Returns as holiday season sales ramp up

On TikTok Shop, the holiday season has already started, and the platform is delivering a fresh…

13 hours ago

Doing Things wants to turn its bevy of Instagram brands into a “broader development engine” for social shows

Doing Things, the studio behind a bouquet of entertainment/comedy accounts like Recess Therapy, Bob Does…

1 day ago

Dude Perfect enters the Mouse House to deliver content “inspired by Disney franchises and events”

It's been 17 years since a group of students at Texas A&M University launched Dude Perfect,…

1 day ago