It actually amounts to $2.5m (and not $2.1m as we said, according to a regulatory filing).
The round was Partech Ventures with participation from Walnut Venture Associates, Cherrystone Angel Group, Jean-David Blanc and the French BPI.
The company will use the funds to expand in the the U.S. and European markets.
Founded in 2014 by Pierre-Louis Theron, CEO, Streamroot has created a plugin-free, peer-accelerated video streaming solution. By leveraging the latest peer-to-peer protocols, the platform connects users watching the same stream, allowing them to obtain content from the source that can provide it the fastest – whether it be from the server or another viewer. With this additional delivery layer, broadcasters can reach their audiences more efficiently, ensure better quality of service, and multiply the capacity of their servers without having to invest in additional infrastructure.
The company participated in the Techstars Boston and NUMA (formerly Le Camping) accelerators.