VIDEON RAISES ADDITIONAL $9M TO TRANSFORM LIVE VIDEO STREAMING WITH THE POWER OF EDGE COMPUTING
Summary
Weve spent the last 6 months working with industry leaders across the video ecosystem to unlock the potential of the edge to deliver new experiences, drive greater efficiencies, and create more opportunities for personalization and monetization. This enables users to significantly reduce the complexity and cost of live production, adding multiple camera angles and remote feeds to meet growing audience expectations for personalized content. It ran custom python scripts, docker containers, and a full suite of encoding and packaging, enabling lower cloud processing costs while achieving significant latency reduction — all of this leading to a simplified workflow. By enhancing the cutting-edge processors normally found in the most advanced smartphones to deliver broadcast-quality video, Videon has created a revolutionary platform capable of game-changing media experiences without the cost and complexity associated with legacy broadcast technology. Today, Videon is used in 19 countries handling tens of thousands of hours of content each day — ranging from live sports and news for TV broadcasters secondary output to vertical markets such as betting, auction houses, emergency services, drones, and hundreds of other use cases.