Bitmovin Lands $10,300,000 Series A Financing Round

  • Feed Type
  • 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
  • Venture Investor
    Atomico Ventures
  • Venture Investor
    Undisclosed

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