ATEME Closes €6.5m Funding

ATEME, a Paris, France-based company that develops MPEG-4 / H.264 video compression solutions to broadcasters, operators and content owners, closed a €6.5m funding round.
Investors include new shareholder A Plus Finance, existing backers and the management of the company.
As a provider of MPEG-4/H.264 video compression solutions, ATEME’s technology supports multi format content, deployed across different platforms – from mobile to Ultra HD delivery.
The new capital will enable the company to further develop its technology and strengthen its financial fundamentals.

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