OTT specialist Mirada has received new investment from major shareholder Ernesto Tinajero.
The £1.7 million one-year convertible loan comes from a group consisting of Tinajero’s vehicle Kapthungs, Kronck and Minles Corporation.
The funding will be used to drive recent contracts with the pay-TV group ATN International and Bolivian pay-TV operator Digital TV Cable Edmund.
Tinajero owns 27.03 per cent of Mirada shares through his personal holding and Kaptungs. He was the owner of Cablecom in Mexico, a customer of Mirada that is now part of the Televisa Group.
Kronck is an investment company owned by Enrique Septién, which has a 2.05 per cent stake in Mirada while Minles has 0.41 per cent.