Bitmovin Lands $10,300,000 Series A Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=7ee0b998-79f1-43a8-98c2-bc19171e92b6 -
Date
9/3/2016 -
Company Name
Bitmovin -
Mailing Address
530 Lytton Avenue 2nd Floor Palo Alto, CA 94301 USA -
Company Description
Bitmovin delivers online video faster, with no buffering! Adaptive Video Encoding and HTML5 Player – MPEG-DASH – HLS – VR 360 – DRM. -
Website
http://www.bitmovin.com -
Transaction Type
Venture Equity -
Transaction Amount
$10,300,000 -
Transaction Round
Series A -
Proceeds Purposes
Lederer is hoping to use the funding to accelerate development of Bitmovin’s adaptive streaming tech on new mediums like VR. -
M&A Terms
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Venture Investor
Atomico Ventures -
Venture Investor
Undisclosed
