Livepeer is a pioneering information technology startup that offers a performant and secure video streaming platform tailored for developers. The company was founded in 2017 and is headquartered in the United States. Their innovative solution, Livepeer Studio, is built on the Livepeer network and promises up to 90% cost savings compared to traditional cloud providers, all while ensuring high reliability, scalability, and security. Livepeer's user-friendly API and SDKs empower developers to swiftly integrate and deploy advanced video features, drastically reducing time-to-market.
The backbone of Livepeer's operations lies in the Livepeer network, a decentralized infrastructure network established by the Livepeer protocol. The company prides itself on fostering a robust ecosystem comprising application builders, infrastructure providers, token delegators, and governance participants, all collaborating to establish the world's open video infrastructure.
The company's recent Series B funding round, which took place on 05 January 2022, secured a substantial investment of $20.00M. Notable investors in this round included Digital Currency Group, Northzone, Tiger Global Management, Warburg Serres Investments, and Alan Howard. With such strong financial backing and a compelling value proposition, Livepeer is poised to continue disrupting the video streaming landscape and could have a significant impact on the future of online video infrastructure.