You.i Labs Inc, a user-interface technology company, has partnered with Los Angeles-based Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, an alternative investment firm managing over USD27 billion in assets.
Headquartered in Ottawa, Canada, You.i TV provides a proprietary user-interface engine to enterprise-level media and telecommunications companies to create world class video applications that run across multiple media devices, including mobile phones, tablets, game consoles, smart TVs and set-top boxes. You.i TV’s technology and unique work flow process helps deliver a high quality and consistent user experience, increases cost savings, provides a faster time to market for apps, and creates a more manageable ongoing maintenance process for its customers.
“It quickly became apparent that Kayne Partners shares our vision, that You.i Engine will transform the way people build and experience apps on every screen. As You.i TV’s incredible growth rate increases in the coming quarters, the support of Kayne Partners will help accelerate the product roadmap and establish a channel of agency partners to develop breathtaking apps on You.i Engine SDK,” says Jason Flick, co-founder and CEO, You.i TV.
“The industry is at an inflection point where content is in abundance and the number of internet-connected devices to consume that content is growing. As a result, media companies are faced with a new complex set of challenges including maintaining a high quality and consistent experience regardless of how it is viewed. You.i TV has built an engine based on video game principles that solves major pain points for its customers while creating a premium interface for the end-user. With our investment the company will be able to further accelerate growth through increased sales efforts, geographic expansion and product development,” says Leon Chen, Vice President, Kayne Partners.
“You.i TV is led by seasoned entrepreneurs who have a strong understanding of both technology and design. The company works with top-tier media companies and has developed strong relationships with industry leading technology partners. We are very excited to partner with such a strong management team and help them capture significant opportunities in the market,” says Nishita Cummings, Managing Director (pictured), Kayne Partners.
