Bitmovin

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Bitmovin is a multimedia company that provides cloud-native video streaming infrastructure solutions for leading streaming services worldwide. Founded in 2013, Bitmovin offers a comprehensive suite of products including a VOD Encoder, Live Encoder, Player, and Analytics. The company's technology optimizes file sizes and accelerates content processing, potentially saving up to 50% on storage and bandwidth costs. Bitmovin's solutions support various monetization models, including AVOD, SVOD, and hybrid workflows, with capabilities for both server-side and client-side ad insertion.

The company's foundation is rooted in innovative research, with its founders contributing to the development of the MPEG-DASH video streaming standard, which now accounts for over 50% of global online internet traffic. Bitmovin's technology stack is designed to be flexible, running on any cloud infrastructure or on-premise, and supports a wide array of codecs and formats. The company focuses on delivering high-quality video experiences across all devices while minimizing operating expenses for its clients.

Key customers and partnerships

Bitmovin serves a global pool of customers, including prominent names in the media and streaming industry. Some of its clients include the BBC, fuboTV, Hulu Japan, RTL, iFlix, ClassPass, and Discovery. In December 2017, Bitmovin partnered with BuyDRM and fuboTV to enhance the sports-first streaming TV service's content delivery and protection capabilities. This collaboration aimed to provide fuboTV with a streamlined workflow for their OTT service.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
41 Drumm Street San Francisco CA USA
Founded year:
2012
Employees:
101-250
IPO status:
Private
Total funding:
USD 95.3 mn
Last Funding:
USD 3.0 mn (Debt Financing; Oct 2024)
Last valuation:
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