Atmosphere valuation climbs to $1 bln after doubling streaming TV customer count

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Atmosphere valuation climbs to $1 bln after doubling streaming TV customer count
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Rarified Atmosphere Inc., which does business under the name Atmosphere, on Tuesday said its private market valuation rose to $1 billion in a Series D...

Rarified Atmosphere Inc., which does business under the name Atmosphere, on Tuesday said its private market valuation rose to $1 billion in a Series D financing round of $65 million led by Sageview Capital, Valor Equity Partners and S3 Ventures. The company said it doubled its ad-supported streaming television platform to nearly 50,000 restaurants, bars, gyms, doctor offices, and other businesses including Burger King, Texas Roadhouse, Meineke and Snap Fitness.

, which does business under the name Atmosphere, on Tuesday said its private market valuation rose to $1 billion in a Series D financing round of $65 million led by Sageview Capital, Valor Equity Partners and S3 Ventures. The company said it doubled its ad-supported streaming television platform to nearly 50,000 restaurants, bars, gyms, doctor offices, and other businesses including Burger King, Texas Roadhouse, Meineke and Snap Fitness.

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