SuperCloud Global Holdings, Inc. (SGHI), a technology and entertainment company, has successfully raised $23 million in funding, aimed at accelerating the nationwide expansion of its flagship 5G-powered internet and live TV service, UMAXX.TV, and enhancing content production through SuperCloud Studios. This funding round, supported by private and institutional investors, underscores the confidence in SGHI's vision to transform the entertainment and connectivity sectors.
UMAXX.TV, the first 5G TV and internet platform in the U.S., offers an unmatched entertainment and web browsing experience with over 350 high-definition live TV channels, backed by military-grade data privacy and security. The service's unique features have driven rapid adoption among diverse consumer groups. Jim Devericks, CEO of SGHI, highlighted the funding as a testament to the investors' trust in the company's vision and the potential of its 5G technology and entertainment expertise.
The investment will facilitate the nationwide availability of UMAXX.TV, improve its infrastructure, and enrich service offerings. SGHI also plans to invest in its entertainment technologies portfolio, including WhereFreedomSpeaks.com, a platform that blends free speech with live TV and on-demand streaming. Following its business combination with EyeOnChannel, SGHI formed SuperCloud Studios to monetize existing content and develop new programming, distributed via national platforms and owned channels like UMAXX.TV.
SGHI's strategy of integrating high-speed internet, live TV, and content production reflects the evolving entertainment industry, catering to the growing demand for secure, high-quality digital experiences. With subsidiaries like UMAXX.TV, Where Freedom Speaks, and SuperCloud Studios, SGHI addresses various aspects of the entertainment and connectivity markets. The $23 million funding is a pivotal step in SGHI's growth, supporting UMAXX.TV's expansion and the development of technologies that emphasize user privacy and data security.
The expansion of 5G networks in the U.S. presents an opportunity for UMAXX.TV to leverage enhanced bandwidth and lower latency, potentially revolutionizing entertainment content access and interaction. SGHI's innovative approach may influence the media landscape and consumer expectations for digital experiences, setting new industry benchmarks.
