Restream raises $50M to help creators program and stream to multiple platforms –

Live streaming of video has come into its own during the coronavirus pandemic, with services like Zoom, YouTube, Twitch, Facebook and many others giving people a way to stay connected with each other, run events and continue working even when they can not be in the same physical spaces together. Now, a startup called Restream, which has built a platform to help those who want to stream to more than one place simultaneously, is announcing a big round of funding on the heels of seeng its business boom 300% in the last eight months. The big question will be whether longer term we continue to see a proliferation of content across multiple places, or whether streaming companies — hoping to bring more viewers to their own platforms and to further differentiate themselves — push for more exclusivity rather than something that everyone can see anywhere. “Restream’s 300% growth since January illustrates the value of their software for Fortune 500 companies to be able to communicate directly to their audiences in today’s virtual world,” said Teddie Wardi, MD at Insight Partners, in a statement. “Long before remote work and life became the norm, Restream’s multistreaming platform had become essential to many creators, companies, entertainers, influencers and anyone that needs to broadcast to wide audiences across social channels such as Twitch, Facebook, Twitter, YouTube, LinkedIn and more,” said Paul Levine, a partner at Sapphire Ventures.