cnbc.com/2022/08/04/how-liveu-has-defined-the-industry-it-once-disrupted.html
LiveU launched at a crucial time, as both traditional broadcasters and online media outlets provided a fast-growing demand for cellular-based live video transmission. LiveU clients now include global broadcasters and news agencies, as well as NASA, American Airlines and Amazon, with its products being behind the coverage of some of the most trafficked live broadcasted events.

LiveU was founded in 2006 by Avi Cohen, Samuel Wasserman, and Rony Ohayon. The company uses existing cellular, Wi-Fi, and WiMAX signals to transmit live video. LiveU launched at a crucial time, as both traditional broadcasters and online outlets...

LiveU raised $23 million in series A-C funding in 2012. By 2012, the company had become the go-to for many companies looking to uplink HD video while on the field, including BBC and NBC. LiveU is now based in San Francisco.

LiveU's technology helped bring "newsgathering into the internet age," Ronen says. The company raised another $27,000,000 in Series D funding in 2013. LiveU Solo allowed users to livestream from professional cameras directly onto platforms like YouTube Live and Facebook.

LiveU found a promising niche within political news, as networks relied on LiveU technology to broadcast elections globally, including the 2016 and 2020 U.S. elections. A near doubling of its valuation in less than two years pointed not only to the increased sophistication of its solutions but also to the surge in demand for live video content.
Posted by RU rumbleshark
Tap to Copy the Short Url to This Post:
bto.sh/sgi9jh55 
One-Stop Business News backed by Mark Cuban. Free to Use →