Streamroot, the buffering-killer of VoD services, raises 2.5 million euros
StreamRoot, a French company specializing in software infrastructure for video streaming, has just raised 2.5 million euros as part of a funding round led by Partech Ventures, alongside Walnut Venture Associates, Cherrystone Angel Group, Bpifrance and Jean-David Blanc, the founder of Allociné and Molotov.
Founded in 2015 by three engineers from the Ecole Centrale de Paris, Streamroot is developing a technology whose purpose is to reduce the bandwidth required when broadcasting video content, and to avoid buffering (loading times) as much as possible. For this, the company relies on a P2P architecture, that is to say peer-to-peer.
“By creating connections between users watching the same content, Streamroot allows them to download the video stream from the fastest source according to the data transmission speed, whether from another user or from a server,” explains the company that in the past participated in TechStars Boston as well as Numa.
With this offer, Streamroot targets all online content broadcasters, whether it is television channels for their catch-up video platforms or video-on-demand services. “We manage videos daily that reach up to 50,000 simultaneous users,” says Pierre-Louis Théron, CEO and co-founder of Streamroot.
The objectives of the Start-up
“We will use this funding to enable platforms to deliver high quality content around the world and on all types of devices. During the next Olympic Games or the next FIFA World Cup, our ambition is to make your user experience perfect, ”says Pierre-Louis Théron.
CEO: Pierre-Louis Theron
Offices: head office in Arcueil, opening of an office in New York
Activity: infrastructure for streaming
Funding: 2.5 million euros raised in December 2015