United Ventures Invests in Italy's MainStreaming
Milan(09 Mar 2017)
United Ventures SGR, an Italian Venture Capital firm, has invested a Series A round of €4 million in MainStreaming.
MainStreaming, a Global Video Delivery Network, specializes in video content delivery in real-time, based on proprietary technology ("Hypernode") fined-tuned in Italy and now ready to expand globally. The company has offices in Milan and San Francisco, CA.
MainStreaming's powerful algorithm and very high performance network can distribute top quality video with a significant reduction in energy consumption, well below that of traditional internet technologies.
This tech was created to meet the needs of emerging markets such as OTT TV (Over the Top Television) and offers traditional Broadcasters the opportunity to migrate their content over IP.
Mainstreaming's service is targeted at large global Broadcasters, OTT TV (Over-the-top TV), Digital Media Companies, and emerging media companies, supporting them with all the encoding, management and video content distribution functionalities.
MainStreaming essentially has three advantages over its competitors:
? There is no cache, for each video to be distributed, just a few copies are generated, not hundreds or thousands as with traditional CDN services, guaranteeing a notable reduction in energy consumption and the use of less servers;
? MainStreaming specialises exclusively in the distribution of video, ensuring a high performance transmission and a better User Experience;
? The proprietary algorithm is able to distribute optimum quality video, also in the presence of many simultaneous users, since the network and delivery technology have been designed for the broadcasting of video in real-time.
“We are extremely happy to work with United Ventures on a project that will enable us to become a major global player in the distribution of on-line video.” - states Antonio Corrado CEO of MainStreaming - “Thanks to the Series A round closed with United Ventures, we will push to expand global technological coverage, recruit new personnel and establish ourselves on the international market.”
“The video sector is one of the strategic sectors that will offer opportunities for exponential growth in the next few years” - stated Massimiliano Magrini, Co-founder and Managing Partner of United Ventures - “In MainStreaming we have found a group of entrepreneurs with ambition and expertise to establish a potential leader in the Video Delivery sector.”
***
MainStreaming is a Global Video Delivery Network - with offices in Italy and in Silicon Valley, founded by Antonio Corrado (CEO), Philippe Tripodi (COO) and Giovanni Proscia (CTO) -which allows the distribution of real-time video over the internet. MainStreaming is a Global Video Delivery Network designed to ensure maximum performance and quality for the broadcasting of live and on demand video in real-time all over the world. It integrates all the operating phases for the management and distribution of always available video content at global level and on any device connected to the internet. A solution targeted at Broadcasters and Media Companies that require high quality and high performance distribution of on-line video for global audiences.
United Ventures SGR is an independent Italian Venture Capital manager specialised in investments in innovative companies in the software and digital technologies sectors. Founded in 2013 by Massimiliano Magrini and Paolo Gesess, United Ventures manages €70 million in funding from Italian and international institutional investors and has invested in 14 early stage technology companies so far. The current portfolio of investees includes, among others: Cloud4Wi, FaceIt, MoneyFarm, MusiXmatch, BuzzMyVideos and LOVEThESIGN. from my iPhone
Sent from my iPhone