Bambuser, a Stockholm, Sweden-based professional b2b mobile live video platform, raised $1.5m in funding.
Backers included Avicii Music and other investors.
The company intends to use the funds to accelerate its expansion, including the deployment of a dedicated sales team across key geographies, such as Europe and North America, and launching the second generation of the Iris platform.
Led by Jonas Vig, CEO and co-founder, Bambuser provides developers, organizations and brands with proprietary technology and products to integrate low-latency live broadcasting and viewing directly into their workflow or mobile app experience to drive engagement with their audience over time.
The company’s mobile technology is installed on over 60 million devices worldwide.