RTG Ventures is a technology company focused on mobile and video technologies. It has developed two core products: CloudChannel, a media distribution and monetization platform, and iPayu, a mobile payment solution. CloudChannel allows rights owners to distribute, monetize and manage their media assets across multiple platforms. iPayu enables secure and convenient mobile payments via SMS that can be used in closed loop systems like on college campuses or music festivals. RTG Ventures aims to generate revenues of $50 million by 2013 by monetizing media and facilitating mobile payments through these two platforms.