ActionStreamer, a Cincinnati, OH-based media streaming platform for IoT devices, closed its $2.4M Series A funding round.
The round was led by JumpStart Ventures through the Advanced Manufacturing Fund, managed with support from MAGNET. The Castellini Management Company, owners of the Cincinnati Reds, also co-invested in the round.
The company intends to use the funds for the development of its patented comprehensive technology platform.
Founded in 2016 by former NFL Linebacker Dhani Jones and Cincinnati technology entrepreneur Chris McLennan and led by CEO Bob Lento, ActionStreamer is a proprietary technology and software platform for streaming media from wearable, IoT, and other connected devices. The platform has been recognized for delivering breakthrough data movement solutions and real-time omnichannel media offerings across the sports, entertainment, telecommunications, industrial, and defense markets. The customer portfolio includes the U.S. Air Force, FOX Sports, Amazon Web Services, and T-Mobile.
FinSMEs
06/02/2024