Israeli video optimization startup Beamr imaging Ltd. has raised $4 million from Verizon Ventures, the corporate studies. Previous traders within the Tel Aviv-based video and picture encoding and processing firm with commercially deployed content material adaptive optimization know-how embrace Eric Schmidt’s fund Innovation Endeavors, Marker LLC, and Disruptive. Beamr raised $15 million in March and $9.5 million in a financing spherical in 2014.
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Verizon Ventures’ funding will help Beamr’s contribution to improved community efficiency and video high quality and can allow the Israeli startup to speed up improvement of options that can function the corporate’s extremely regarded and patented perceptual high quality measure know-how.
Beamr was based in 2009 by CEO Sharon Carmel.
Carmel stated, “Beamr’s imaginative and prescient has at all times been to merge standards-based encoding applied sciences with the advantages of our perceptual high quality measure, so the {industry} can meet the heightened client expectations for video high quality whereas staying inside community constraints. Our strategy to bitrate discount has attracted an industry-leading buyer base the place community capacities and media storage necessities are below stress, however the place distinctive video high quality should be maintained.”
Building on the acquisition of Vanguard Video earlier this 12 months, Beamr’s {industry} main video optimization answer, Beamr Video, has mixed two extremely regarded HEVC and H.264 software program encoders which are in use by dozens of main media & leisure corporations, broadcasters, streaming video distributors, and OEMs. The merchandise can be found as software program operating on all main platforms and working programs, and could also be deployed on most cloud companies together with Microsoft Azure and AWS.
“The aggressive nature of client video companies at this time is forcing everybody to enhance and we imagine Beamr’s perceptually pushed optimization know-how delivers advantages to the community and in the end, the underside line,” stated David Famolari, Director at Verizon Ventures. “Beamr considerably addresses the ache and prices of storing and delivering excessive bandwidth video content material over more and more congested networks, with no loss in visible high quality. As extra HD and ultra-HD content material turns into obtainable, Beamr’s know-how could be essential to delivering superior end-user high quality of expertise.”
Published by Globes [online], Israel enterprise information – www.globes-online.com – on December 7, 2016
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