
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.
More from Live Production
11/06/2025
Sigma Cine Lens: AIZU PRIME LIME posted: 11/06/2025
Sigma Aizu Prime Line, available mounts: PL Mount, Sony E-mount / Supplied accessories: Cover Cine Len...
11/06/2025
SC-BINARY 225: highly flexible AES/EBU & DMX cable posted: 11/06/2025
SC-BINARY 225: highly flexible AES/EBU & DMX cable with 2 x 0.25 mm and soft HTPE j...
02/04/2025
Leipzig Opera Relies on Riedel MediorNet, Artist, and Bolero posted: 02/04/2025
Leipzig Opera Relies on Riedel MediorNet, Artist, and Bolero for Efficient...
02/04/2025
ARRI expands its management team posted: 02/04/2025
ARRI's Managing Directors (l. to r.) David Bermbach, Walter Trauninger, and Christian Richter
ARRI ...
31/03/2025
Clear-Com Enhances ACU Campus-Wide Production Communications posted: 31/03/2025
Clear-Coms new intercom solutions make it possible to communicate across m...
20/03/2025
Expand VB440 Tools with AV Sync Generator posted: 20/03/2025
Bridge Technologies Expand VB440 Tools with AV Sync Generator
In anticipation of their prese...
19/03/2025
World's Smallest Slow-motion Camera at NAB2025 posted: 19/03/2025
Proton to Launch World's Smallest Slow-motion Camera at NAB2025
Proton Camera I...
31/01/2025
Sommer cables Ethernet cables set new standards for connection solutions posted: 31/01/2025
When it comes to reliability, robustness and flexibility, the ...
05/12/2024
Riedel Appoints Jan Eveleens as CEO of Product Division posted: 05/12/2024
Riedel Communications announced a change in leadership for its Product Division...
30/10/2024
Armored HDMI2.1 cables offer lossless 8K data transmission - with or without pro...
17/10/2024
Genelec opens new Seoul Experience Centre posted: 17/10/2024
Seoul, South Korea, October 2024....Genelec has added Seoul to its growing global network of ...
08/10/2024
Sommer cable announces new management team posted: 08/10/2024
Sommer cable GmbH is pleased to announce the succession in the management team. On October 1...
09/09/2024
Bridge Technologies Launch Upgraded Satellite Module VB278 posted: 09/09/2024
Bridge Technologies Launch Upgraded Satellite Module VB278
As part of a wid...
05/09/2024
Video patch cable 4K SC-Vector PLUS 0.8/3.7 DZ: Ideal for on the go - double shi...
21/08/2024
Calrec expands distribution partnership with Cerberus Media Solutions to cover e...
16/08/2024
Anton/Bauer Launches VCLX LI 1600Wh Multi-Voltage Battery for Cinematic Producti...
04/07/2024
Astera Awarded Best in Show at Euro Cine Expo 2024 posted: 04/07/2024
Best of Show award for Asteras LunaBulb
After a successful exhibition at Euro Cine ...
13/06/2024
Astera Launches LunaBulb posted: 13/06/2024
Astera LunaBulb PrepCaseKit
Astera - a leading developer of innovative light solutions for film, event and TV...
02/05/2024
ARRI announces the ALEXA 35 Live - Multicam System posted: 02/05/2024
Arri Alexa 35 Live - Multicam System
ARRI announces the ALEXA 35 Live - Multicam Sy...
28/04/2024
Mediahaus delivers the first SRT live-streaming sports production over 5G with U...
10/04/2024
Grass Valley will Showcase Innovative Live Production Solutions at NAB Show 2024 posted: 10/04/2024
Grass Valleys LDX C150
Grass Valley will unveil its ...
11/03/2024
Goldenduck Group Debuts Clear-Com Arcadia Central Station in Thailand with Light...
23/01/2024
Broadcast Solutions supports NEP Germany and Dyn Media in the installation of in...
09/01/2024
A Norwegian post-production house relies on Genelec monitors to meet Dolby Atmos...
29/12/2023
Pan and Parapan American Games 2023 Live: TVU Networks Partners with MediaLuso posted: 29/12/2023
Tennis Pan American Games 2023 with TVU and MediaPro
TVU ...
11/12/2023
VuFinder Studios selects ROE Visual for its VP Studio posted: 11/12/2023
Filming Citro n promotion video with BP2V2 in VuFinder Studio
VuFinder Studios j...
05/12/2023
EY recognises Genelec owners with Family Entrepreneurs of the Year Award posted: 05/12/2023
(L-R) Genelec owners Maria, Mikko and Juho Martikainen at the ...
01/12/2023
UHD-Spain, with Board Members MediaPro and SAPEC, Partners with TVU Networks and...
27/11/2023
ROE Visual introducing the ROE Calculator APP for LED Screen Prepping posted: 27/11/2023
ROE Visual Calculator APP
ROE Visual is proud to announce the re...
22/11/2023
A1 Telekom Austria Group Expands its Use of Actus Digital Broadcast Compliance a...
20/11/2023
New era in sports broadcasting: 5G live transmission by the German Football Leag...
16/11/2023
AJA Announces DRM2 Frame for AJA Mini-Converters at Inter BEE 2023 posted: 16/11/2023
AJA Video Systems yesterday introduced DRM2, a rackmount frame that ...
14/11/2023
PlayBox Neo AirBox Neo-20 Goes Live at Casablanca Online posted: 14/11/2023
PlayBox Neo, a global leader in media management and playout solutions, announ...
09/11/2023
A Stand-Up Solution for Comedian Johan Glans posted: 09/11/2023
The summer tour Johan Glans delivered 35 sold out shows across Sweden powered by a seamless ...
03/11/2023
DiGiCo and Fourier Audio Set to Transform Live Sound posted: 03/11/2023
Building upon the announcement from earlier October that it has joined forces with...
30/10/2023
Genelec joins forces with Broadcast Professional to strengthen APAC distribution...
26/10/2023
PHI Centre uses Genelec immersive solutions to bring artists and audiences close...
19/10/2023
TVU Networks Elevates FISA World University Games' Live Broadcast with Fully...
17/10/2023
Astora Digital Builds HDR, Virtual Production Workflow Expertise in China with H...
08/10/2023
Genelec helps Israel's Dubidub Studios create immersive Dream Room posted: 08/10/2023
Dubidub's CEO Ami Offir pictured in the company's 7.1.4 ...
02/10/2023
The New LDX C150 Compact Version of the Next-Gen LDX 150 Studio Camera Platform,...
28/09/2023
Shure Announces Agreement to Acquire Ab Wavemark Oy posted: 28/09/2023
Wavetool A2 iPad Racks ADX Medium Horizontal
Shure has announced that an agreement...
25/09/2023
MediaKind Advances Video Streaming and Monetization posted: 25/09/2023
MediaKind (#1.D25) is taking center stage at the IBC Show 2023 (September 15-18), sho...
21/09/2023
Rohde & Schwarz and Qualcomm demonstrate 5G Broadcast ecosystem readiness posted: 21/09/2023
Rohde & Schwarz, a global leader in broadcast distribution, wil...
19/09/2023
DHD Enhances XD3 IP Core with High Capacity Quad-Core CPU posted: 19/09/2023
Rear panel of DHD XD3 IP Core
DHD audio has chosen IBC 2023 as the venue for...
15/09/2023
DiGiCo brings new Quantum852 powerhouse to PLASA Show 2023 posted: 15/09/2023
DiGiCo presents the next generation of large format mixing consoles for live...
14/09/2023
Unprecedented Freedom and Flexibility for Live Content Creation and Delivery: Grass Valley's Transformative GV Media Universe at the IBC 2023 Show posted:...
13/09/2023
Genelec to launch UNIO Audio Monitoring Platform and 9320A Reference Controller ...
12/09/2023
Remote collaboration fully realized with ELEMENTS Cloud Workspaces posted: 12/09/2023
High-performance media storage specialist ELEMENTS will use its presen...
06/09/2023
Slomo.tvs new Simple R 4K - The worlds most compact and affordable server for 4K...