Swarmify, a Melbourne, FL-based cloud-based streaming platform, closed its first round of seed funding.
The round was led by Mosley Ventures with participation from LaunchPad40 and Angel groups from Atlanta and Florida. In conjunction with the funding, John Vecchio of Mosley Ventures, joined Swarmify’s Board of Directors.
Led by CEO Nathan Barnett, Swarmify provides a proprietary solution that improves video delivery and reduces the cost of streaming making decisions in real-time transparent to the user and overall experience.
The SmartVideo platform rectifies “buffering” and slow “stream start” issues while also insuring that ads are delivered promptly to reduce their impact on users.