Do you want to stream to YouTube, Twitch or Facebook? How about these and a couple of dozen more platforms simultaneously? That’s what the technology of a startup called Restream does, and investors are excited to the tune of a $50m Series A funding round for the company.
Sapphire Ventures and Insight Partners led the round, which will be used to continue developing a tool called Restream Studio.
TechCrunch described that as “a platform for creators to do more production around their videos: for example, writing captions and lower-thirds, adding watermarks, managing chats, and editing and repurposing excerpts of streams on other channels, and managing analytics” – adding: “Think of it as the Hootsuite of video streaming.”
The platform has already been used for big music events, including the One World: Together at Home Covid-19 relief concert earlier this year, which was watched by more than 270 million people.
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