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Bitmovin Raises $25 Million To Drive New Innovations In Video Streaming Industry

Apr 20, 2021•over 4 years ago

Amount Raised

$25 Million

San Francisco

Description

Bitmovin, a leading provider of video infrastructure for global digital media companies, today announced it has raised $25 million in Series C financing. The company will leverage this investment to drive the continued expansion of its product innovation and technology leadership in the streaming space. Bitmovin's Series C round was led by Swisscom Ventures with participation from Climb Ventures, and existing investors: Atomico, Highland Europe and Constantia New Business. The announcement brings Bitmovin's total funding to $68 million.

Company Information

Company

Bitmovin

Location

San Francisco, California, United States

About

Bitmovin is an award-winning leading provider of video infrastructure for global digital media companies and service providers. The company has been at the forefront of industry innovation and all major developments in the digital video streaming industry. Bitmovin built the world's first commercial adaptive streaming player and deployed the first software-defined encoding service that runs on any cloud platform. Its cloud-native technology offers the most flexible and scalable media encoding, playback, and analytics solutions available with unparalleled device reach, ease of integration, and world-class customer support. Bitmovin customers benefit from optimized operations, reduced time-to-market, and the best viewer experience possible. Bitmovin is headquartered in San Francisco, and has offices in Denver as well as internationally in Austria (Vienna, Klagenfurt), London, Berlin, Singapore, and São Paulo.

Funding Insights

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