iStreamPlanet, a Las Vegas-based provider of live streaming video solutions, secured $8m in financing.
The round was led by QuestMark Partners.
The company intends to use the funding to accelerate the launch and sales of Aventus through its partner ecosystem, and to further develop and deploy the next versions of Aventus.
Founded in 2000 and led by Mio Babic, CEO, iStreamPlanet provides Aventus, a cloud-based, live video workflow platform for streaming live events and live linear channels online to multiple platforms and devices.
It is used by sports, entertainment, and technology brands including NBC, Turner Broadcasting, Notre Dame Athletics, AMC Networks, AT&T, and Microsoft.
The company also has offices in Redmond, Wash., and London.