Streamroot raises $2.5M

What does Streamroot do?

Streamroot, is an award winning P2P solution to help broadcasters deliver lightening fast streams at a lower cost. The company offers video content providers a streaming solution that improves the user experience while dramatically decreasing the price of their bandwidths. The company by leveraging their P2P technology powered by WebRTC, they provide a highly scalable very efficient and cost effective Content Delivery Networks. The company is totally transparent with broadcaster’s existing infrastructures, it is seamless for the end user and compatible with its current CDN and streaming technology.

How much Streamroot was funded?

Streamroot raised$2.5M on December 10, 2015 from Bpifrance, Cherrystone Angel Group, Jean-David Blanc, Partech Ventures and Walnut Venture Associates.

Previous funding

• $118k on November 13, 2014 from Techstars and Sergey Gribov
• $2.1M on November 11, 2015 from Cherrystone Angel Group

What is next for Streamroot?

Streamroot plans to use the latest funding for securing its position in the U.S. and European markets and for achieving its multi device ambitions. The company is extremely is pleased that their investors have as much faith in their solutions as they do. The company on a daily basis handles streams with up to 50,000 simultaneous viewers and will use the capital for helping the biggest broadcasters in delivering quality content globally.

More about Streamroot

 Streamroot was founded in 2014 by Nikolay Rodionov, Axel Delmas and Pierre Louis Théron. It has its headquarters in Boston, Massachusetts. The company has a unique approach to video delivery. It aims at helping broadcasters in overcoming one of the biggest challenges facing the web today, the explosion of online video. The company has created a unique peer accelerated video streaming solution.  The company harnesses an often unused piece of the video streaming chain which is the device itself. It is aiming to bring the industry a more robust, reliable and flexible streaming architecture which can provides to millions of viewers watching video content globally.