ActionStreamer, a Cincinnati, OH-based wearable technology platform that can livestream point-of-view (POV) video off of athletes in action, secured $1.88m in seed funding.
The round was led by CincyTech with participation from a syndicate of angel investors in the CincyTech network and around the country and Vine Street Ventures.
Led by CTO Chris McLennan, Chief Strategy Officer Dhani Jones and CEO Max Eisenberg, ActionStreamer pairs patented software and networking technology with ultra-lightweight hardware to deliver live sports coverage POV video from inside-the-game. The wireless system streams high-definition (HD) video from a miniature camera and other custom components embedded into a wearable outfit, such as a player’s helmet or referee’s hat, in congested, bandwidth-constrained environments like crowded stadiums.
The company recently debuted its technology in a partnership with former America Online (AOL) senior executive Ted Leonsis’s Monumental Sports & Entertainment, which owns the Washington Wizards (NBA), Washington Capitals (NHL), Washington Mystics (WNBA), Washington Valor (AFL), Baltimore Brigade (AFL), and Verizon Center in Washington D.C. Over the last two months, live coverage of Valor and Brigade games have included POV footage powered by ActionStreamer’s proprietary technology and custom-built HatCams, which are being worn by coaches and referees.