LONDON — Iflix, a Malaysian video-streaming service that operates mostly in emerging markets, said on Monday that it had received $133 million in a round of funding from a group led by the American media and information company Hearst Corporation.

Founded in 2015, Iflix is available in 19 countries in Southeast Asia, the Middle East and Africa. The service has five million subscribers, though it is dwarfed by Netflix, which added 5.2 million subscribers in the second quarter of 2017 alone.

Neeraj Khemlani, the president of Hearst Entertainment & Syndication, said in a news release that Iflix was “riding the wave of exponential growth of the middle class in emerging markets that want more access to premium regional, local and Western content.”

With the latest funding round, Iflix said it had raised more than $220 million this year. The company’s investors include Catcha Group, Evolution Media, John C. Malone’s Liberty Global and Sky, which all increased their investments as part of the latest funding round. Investors in this round also included EDBI, the corporate investment arm of the Singapore Economic Development Board.