Conviva, a Foster City, CA-based data-driven intelligence platform for OTT, closed $40M in funding.
The round was led by new investor Future Fund with participation from existing investors NEA (New Enterprise Associates), Foundation Capital, and Time Warner Investments.
The company intends to use the funds for the development of new products, sales and marketing acceleration, and international expansion.
Led by Dr. Hui Zhang, Co-Founder and CEO, Conviva provides an enterprise-class big data processing platform and sensor network deployed by over 200 global brands. It continuously collects, cleanses, and computes hundreds of video viewing metrics and metadata values from every second of consumers’ video viewing sessions in real-time.
Conviva’s software sensors are currently deployed across 2.5 billion devices globally and measure over 1 billion streaming minutes per day of premium video content for publishers such as HBO, Sky, Turner, and more.
The company also has offices in New York and London.