Zype Announces $4.9M in Funding with Close of Series A

Zype has been a driving force in democratizing live and on-demand video distribution for content owners that sell direct to consumer. Our software has enabled amazing video businesses with the tools to build, manage and grow their own streaming services, on their own terms

Zype, the cloud video distribution service for over-the-top (OTT), announced today a total of $4.9M in funding with the close of a Series A Funding Round lead by Runa Capital. Other investors include Revel Partners, Point Nine Capital, Alpine Meridian Ventures, and Entrepreneurs Investment Fund.

“Zype has been a driving force in democratizing live and on-demand video distribution for content owners that sell direct to consumer. Our software has enabled amazing video businesses with the tools to build, manage and grow their own streaming services, on their own terms,” said co-founder and CEO Ed Laczynski. “With the new funding, we’re excited to accelerate our product roadmap to empower our existing customers and reach new businesses looking for easy and automated OTT solutions.”

Over the last year, Zype’s customer growth has exceeded 200%, serving video publishers across niche sports, entertainment, educational, lifestyle and children’s programming. In the last quarter alone, Zype nearly tripled its customer base year over year. The recent funding round will fuel that growth with sales and marketing initiatives.

“After experiencing downtime and issues with our previous video platform, we needed to move to a more reliable live streaming solution in a short period,” said Steve Campione, CFO at RFD TV. “With Zype we were up and running in under a week and have been extremely impressed with the rich feature set and dependability of their live…

Read the full article at the Original Source..

Back to Top