Sony Pixel Power calrec Sony

Videon Raises Additional $9M To Transform Live Video Streaming With The Power Of Edge Computing

05/04/2022

Videon Raises Additional $9M To Transform Live Video Streaming With The Power Of Edge Computing posted: 05/04/2022

Partners from across the video technology ecosystem leverage the capabilities of Videon's video compute platform to harness the power of the edge

Videon, a leader in edge computing for video, has raised a further $9m bringing total investment in the past seven months to $16.3m. The funding, led by Alter Venture Partners with participation from Voyager Capital, Fortson VC, Bruce Chizen, and Cercano Management, will drive further innovation in its next-generation video edge computing platform.

--

Videon's technology powers tens of thousands of hours of live video every day for audiences across more than 19 countries. Industry-leading partners including Techex, THEO Technologies, V-Nova, and Zixi are now building and deploying applications that harness the benefits of Videon's edge computing capabilities for their customers.

Live video streaming continues to see exponential growth across everything from news and sports to security, emergency services, and corporate content, with the live streaming market estimated to be worth $4.26 billion by 2028, said Tricia Iboshi, CEO at Videon. For our customers, just getting live video over the internet is table-stakes and only the start of the story for what they need to achieve. We've 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. The latest funding will enable us to continue to innovate, adding more video applications, enabling disruptive workflows and driving live video at scale.

advertisment --

Videon puts edge computing power at the point that video is created, enabling a huge array of video processing tasks to be completed before content goes into the cloud. 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.

Processing video at source is the key to reducing latency, the delay between the action happening and it appearing on the screen. This is especially vital for sports, gaming, and betting applications. Users can also develop and deploy highly specialized applications to support anything from artificial intelligence to image and speech recognition to build their own unique live streaming experiences.

advertisment --

A world-leading sports analytics platform deployed Videon's video edge computing platform on-premise in one use case. 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.

Live streaming is exploding but it's actually only at the first stage of its potential. At the moment, the economics of creating and distributing live video are restricting what content creators and media organizations are able to do, said Louis Toth, Managing Partner at Alter Venture Partners. Videon is revolutionizing live video through powerful edge processing at an unrivaled price point. Videon's video edge computing platform has huge market potential - it opens up unlimited live video use cases across sectors powered by low latency, multiple camera angles, technologies like AI and Machine Learning, and new monetization opportunities.

advertisment --

About Videon

Videon, the leader in edge computing for video, makes live video processing and distribution faster and more efficient - with lower costs. It gives the freedom to process video at source by combining built-in functions running on its local video edge computing platform with additional features from the cloud. Videon includes the right tools to develop innovative video applications to handle anything from simple, low latency encoding and streaming to advanced AI-powered use cases.

Getting live video from source to audience is complex and traditionally requires expensive broadcast equipment or costly third-party services. 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.

advertisment --

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. Designed and built in a state-of-the-art facility in the USA and backed by 25-years of engineering expertise - Videon unlocks the potential of at-source computing to handle broadcast-quality video.
LINK: https://www.live-production.tv/news/products/videon-raises-additional-...
See more stories from liveproduction

More from Live Production

05/07/2022

Movicom delivers Robycam, Frecciarossa cam and other specialty cameras to Italian Cup Final

Movicom delivers Robycam, Frecciarossa cam and other specialty cameras to Italia...

30/06/2022

Ikegami Europe Announces Unicam UHK-X750 4K-UHD HDR Studio Camera

Ikegami Europe Announces Unicam UHK-X750 4K-UHD HDR Studio Camera posted: 30/06/2022 Accompanying image shows a perspective view of the new Ikegami UHK-X7...

29/06/2022

Caton NDI Gateway enables cross network collaboration

Caton NDI Gateway enables cross network collaboration posted: 29/06/2022 Share high quality content over the internet without compromise Recognising the ...

28/06/2022

ARRI commits CA$300,000 to the Canadian Society of Cinematographers' The Future is Calling campaign

ARRI commits CA$300,000 to the Canadian Society of Cinematographers' The Fu...

27/06/2022

Rapidly growing niche sport, Ddsing, breaks through barriers to cloud-based live production with Vizrt

Rapidly growing niche sport, D dsing, breaks through barriers to cloud-based liv...

23/06/2022

Anton/Bauer Announces Next Generation VCLX Free Standing Battery

Anton/Bauer Announces Next Generation VCLX Free Standing Battery posted: 23/06/2022 VCLX NM2 Delivers Consistent High Quality Feature Length Production Po...

22/06/2022

Aaton-Digital's CantarX3 and CantarMini now offer external data storage possibility with Frame.io and Dropbox cloud systems

Aaton-Digitals CantarX3 and CantarMini now offer external data storage possibili...

21/06/2022

Dalet Brings Next-Gen Sports Content Workflows at SportsInnovation in Dsseldorf

Dalet Brings Next-Gen Sports Content Workflows at SportsInnovation in D sseldorf posted: 21/06/2022 Dalet, a leading technology and service provider for m...

20/06/2022

Creative Technology Asia Pacific expands stock of Ayrton Diablo

Creative Technology Asia Pacific expands stock of Ayrton Diablo posted: 20/06/2022 CT Asia's Head of Lighting, Kenz Woo, says he will definitely enjoy...

17/06/2022

Over 400 Claypaky fixtures at the 2022 Eurovision Song Contest

Over 400 Claypaky fixtures at the 2022 Eurovision Song Contest posted: 17/06/2022 The 66th edition of the Eurovision Song Contest was held by the EBU (Eur...

15/06/2022

Elation grows KL Series with broadcast optimized KL Fresnel 6 FC soft light

Elation grows KL Series with broadcast optimized KL Fresnel 6 FC soft light posted: 15/06/2022 Elation Professional is pleased to be expanding its KL Key ...

13/06/2022

Hitachi Kokusai to Showcase 4K Live Production Camera Innovations at InfoComm 2022

Hitachi Kokusai to Showcase 4K Live Production Camera Innovations at InfoComm 20...

10/06/2022

One monitor to fit all: new multiviewing tool combines flexibility and usability

One monitor to fit all: new multiviewing tool combines flexibility and usability posted: 10/06/2022 Displaying, arranging, and operating multiple sources on...

31/05/2022

Genelec's RAW series welcomes 8331 and 8341 coaxial models

Genelec's RAW series welcomes 8331 and 8341 coaxial models posted: 31/05/2022 Genelec will donate a proportion of the sales revenue from both 8331A an...

30/05/2022

WorldCast Systems Wins 2022 NAB Show Product of the Year Award for APTmpX

WorldCast Systems Wins 2022 NAB Show Product of the Year Award for APTmpX posted: 30/05/2022 WorldCast Systems announces that its APTmpX is a Radio winner...

24/05/2022

DataCore Software and Atempo Combine Forces in New Active Archive Solution

DataCore Software and Atempo Combine Forces in New Active Archive Solution posted: 24/05/2022 The joint solution enables customers to cost-effectively store...

23/05/2022

Tangerine Global partners with Amino to accelerate customer support capabilities in North America

Tangerine Global partners with Amino to accelerate customer support capabilities...

21/05/2022

Genelec GLM 4.2 and 9301B take immersive monitoring systems to the next level

Genelec GLM 4.2 and 9301B take immersive monitoring systems to the next level posted: 21/05/2022 GRADE Room Acoustic Report and advanced multi-channel feat...

20/05/2022

Teradek Launches Serv 4K: 4K HDR Streaming, Collaboration, and Review-From Set to Post

Teradek Launches Serv 4K: 4K HDR Streaming, Collaboration, and Review-From Set t...

19/05/2022

TVU Networks Wins TV Tech Best of Show Award for TVU Channel

TVU Networks Wins TV Tech Best of Show Award for TVU Channel posted: 19/05/2022 Cloud-native TVU Channel live scheduling and playout solution Recognition...

17/05/2022

TVU Networks and InPlayer Partner to Create Complete Production, Streaming and Monetization Workflow

TVU Networks and InPlayer Partner to Create Complete Production, Streaming and M...

16/05/2022

DPA Scores Big For Live Sports Broadcast

DPA Scores Big For Live Sports Broadcast posted: 16/05/2022 Brand's Microphones Used by Industry Veteran Joe Carpenter to Catch all the Action It'...

13/05/2022

Leader LV5600 Waveform Monitors Power Italian Broadcaster's Transition to IP-based UHD HDR

Leader LV5600 Waveform Monitors Power Italian Broadcasters Transition to IP-base...

12/05/2022

TVU Networks Includes Automatic Integration of Stringr Global Live News Feeds into TVU MediaSource Platform

TVU Networks Includes Automatic Integration of Stringr Global Live News Feeds in...

11/05/2022

VuWall Now Shipping PAK Video Wall Node

VuWall Now Shipping PAK Video Wall Node posted: 11/05/2022 VuWall is now shipping its innovative PAK solution for deploying and managing modular video wall...

10/05/2022

Seervision partners with Canon to offer automated control of its PTZ line-up

Seervision partners with Canon to offer automated control of its PTZ line-up posted: 10/05/2022 Seervision, a Swiss company developing camera automation s...

09/05/2022

Flawless & Low Latency KVM over IP Applications Thanks to WorldCast's SureStream Technology

Flawless & Low Latency KVM over IP Applications Thanks to WorldCast's SureSt...

06/05/2022

Vislink and Hitachi Kokusai Electric Comark Announce Reseller Agreement

Vislink and Hitachi Kokusai Electric Comark Announce Reseller Agreement posted: 06/05/2022 Comark will be an Authorized Reseller, Integrator and Service P...

05/05/2022

Dream Chip to Showcase its New Multiuse Mini Cameras at NAB 2022

Dream Chip to Showcase its New Multiuse Mini Cameras at NAB 2022 posted: 05/05/2022 to cover the increasing demand in sports and live events Dream Chip -...

02/05/2022

HESP Alliance demonstrates five HESP-ready solutions at NAB Show 2022

HESP Alliance demonstrates five HESP-ready solutions at NAB Show 2022 posted: 02/05/2022 The HESP Alliance will showcase five HESP-ready solutions at NAB ...

30/04/2022

[Sponsored Post] Optimal system interoperability for an efficient broadcast workflow

[Sponsored Post] Optimal system interoperability for an efficient broadcast work...

29/04/2022

Software Upgrade Announced For Lawo Radio Products

Software Upgrade Announced For Lawo Radio Products posted: 29/04/2022 Lawo, manufacturer of IP-based audio and video products, announces a software update...

28/04/2022

LiveU Launches its Ingest Cloud Solution for Automatic Recording and Story Metadata Tagging of Live Video

LiveU Launches its Ingest Cloud Solution for Automatic Recording and Story Metad...

27/04/2022

India Today Enriches its Live Coverage with LiveU's 5G Multi-Cam Production-Level Solution

India Today Enriches its Live Coverage with LiveUs 5G Multi-Cam Production-Level...

25/04/2022

Blackmagic Design Announces New HyperDeck Extreme 4K HDR

Blackmagic Design Announces New HyperDeck Extreme 4K HDR posted: 25/04/2022 4K broadcast deck with advanced H.265 recording, touch screen interface, inter...

25/04/2022

The Switch to debut expanded Cloud Video Services capabilities for live events at NAB Show 2022

The Switch to debut expanded Cloud Video Services capabilities for live events a...

23/04/2022

AJA Unleashes New Firmware for openGear Cards

AJA Unleashes New Firmware for openGear Cards posted: 23/04/2022 Updates streamline modern production workflows with new HDR metadata pass-through functio...

22/04/2022

Shure Introduces KSM11: The State-Of-Art Wireless Microphone Capsule For Delivering Groundbreaking Vocal Clarity

Shure Introduces KSM11: The State-Of-Art Wireless Microphone Capsule For Deliver...

21/04/2022

Signiant Announces Media Engine - Search, Preview, and Take Action on Media Assets Anywhere

Signiant Announces Media Engine - Search, Preview, and Take Action on Media Asse...

20/04/2022

Merging Partners With NEP Australia On A New Mission

Merging Partners With NEP Australia On A New Mission posted: 20/04/2022 NEP Australia is the largest outside broadcast facilitator in the country with ten...

19/04/2022

Trickbox TV introduce remote contributors with Quicklink Studio (ST55)

Trickbox TV introduce remote contributors with Quicklink Studio (ST55) posted: 19/04/2022 Trickbox TV Shard Studio Trickbox TV, a broadcast and productio...

14/04/2022

Hollyland Launches Solidcom C1 Full-Duplex Wireless Intercom Headset System

Hollyland Launches Solidcom C1 Full-Duplex Wireless Intercom Headset System posted: 14/04/2022 Real-time Handsfree Communication for Next-level Team Syner...

13/04/2022

Lawo Strengthens North American Presence with the Relocation of Jamie Dunn to the US

Lawo Strengthens North American Presence with the Relocation of Jamie Dunn to th...

12/04/2022

Mission Digital to Spotlight Leader LV5350 and LV7300 at BSC Expo

Mission Digital to Spotlight Leader LV5350 and LV7300 at BSC Expo posted: 12/04/2022 Accompanying images show the Leader LV5350 waveform monitor and LV730...

11/04/2022

Ki Pro GO v4.0

Ki Pro GO v4.0 posted: 11/04/2022 Delivering improved playback functionality and more AJA Ki Pro GO firmware v4.0 is available today as a free download f...

08/04/2022

Worldcast launches powerful new versions of APTmpX algorithm for radio broadcasts

Worldcast launches powerful new versions of APTmpX algorithm for radio broadcast...

08/04/2022

Hitachi Kokusai to Unveil SK-UHD7000 4K Ultra HD Broadcast and Live Production Camera at 2022 NAB Show

Hitachi Kokusai to Unveil SK-UHD7000 4K Ultra HD Broadcast and Live Production C...

07/04/2022

Hedge Launches Three Major Product Updates: Hedge Elements, EditReady RAW, and Canister Spanning

Hedge Launches Three Major Product Updates: Hedge Elements, EditReady RAW, and C...