Multiscreen platform maker Clearleap recently raised USD20 million in new funding from an investment round. The funding round was led by Susquehanna Growth Equity and was also participated by existing investors Noro-Moseley and Trinity Ventures. Total funding Clearleap had raised to date is at USD36 million.

Clearleap's software proliferated in a market demand for TV Everywhere services. Its platform, as its Crunchbase profile explained, allows TV companies to bypass technical, operational and business difficulties of delivering video content like television shows to end consumers. The platform maker saw adoption of its product across the US. Its high-profile list of clients included the Food Network, Travel Channel, HBO, Verizon and Time Warner Cable.

Clearleap CEO Braxton Jarratt said, "We built the company from the ground up to have both sets of DNA. Together we built something that appeals to both buyers in satellite uplink, as well as those building apps."

The company has been preparing to expand into international markets and had set its eyes on Latin America and Europe. Clearleap recently opened an 12-person office in Amsterdam. It had also hired Preben Schack, who is a former Cisco executive, to head its sales team in Amsterdam. Jarratt reveals vaguely about a big win that had gotten his company data space in the Netherlands and Frankfurt, of which he plans to reveal soon.

Jarratt said the company expected to expand in the European region over the succeeding year. Its expansion plans would also see Clearleap expanding the size of its workforce from 100 to 250 employees in one and a half months.

According to TechCrunch, Clearleap as well may have thanked Netflix and other streaming video services in the markets which the former planned to enter into. Netflix's expansion had urged local content owners to seek avenues where they can make their content available, said TechCrunch.