Quortex, a Rennes, France-based provider of a video streaming solution over the Internet, raised €2.5m in seed funding.
The round was led by Elaia and Go Capital, with participation from Unexo and Business Angels.
The company intends to use the funds to widen its technological advantage by extending its “Just In Time” platform.
Co-founded in 2018 by Marc Baillavoine, Jérôme Viéron, Julien Villeret and Thierry Trolez, Quortex provides a cloud based streaming solution built as a logical combination of microservices that automatically organize themselves according to the network events and audience variations. The “Just In Time Everything” is a patented, A.I. based technology that builds the workflow based from the user demand, not from the content origination.
The software solution is already used by customers such as M6 or Red Bee Media.