Streamroot Raises $3.2M in Financing

Streamroot, a Paris, France and New York-based developer of distributed over-the-top (OTT) video delivery solutions, secured an additional $3.2m in funding.

Backers included Partech Ventures, Techstars Venture Capital Fund, Verizon Ventures and R/GA.

The company, which has raised $6m in total financing, intends to use the funds to accelerate development and expand its reach globally.

Founded in early 2014 by CEO Pierre-Louis Theron, Streamroot provides innovative OTT video optimization technologies for content publishers, network service providers and enterprise customers offering cross-device compatibility across desktop, mobile and a range of set-top boxes.
The company’s technologies are based on open standards such as WebRTC, Media Source Extensions and HTML5, and are widely adopted by broadcasters around the world.

FinSMEs

07/09/2017

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