stream5 Rakes In New Capital To Push Forward

Online video is proving itself a strong place to invest it seems. European online video tech company stream5 recently secured a new round of investment capital. Two new investors have joined on and have brought with them a 'seven-figure sum' we're told to keep the company creating new technologies.Munich-based stream5 has set its sights on being the world leader but they're going to have a lot of competition and it's a fast-paced game presently. They're seeking to break even within the next year. With their mix of online video technologies including storage, delivery, management and video players and some interesting pricing it's a possibility. Their 2GO package starts at 99 Euro a month includes one channel, 2.5 GB of storage and 10GB of bandwidth and still seems expensive to me. Especially since you could download and install the open source video management solution from Kaltura for free and most likely find a cheaper webhosting plan. 249 Euro a month nets you 25GB of storage and 50GB of traffic, and those are just the 'hobbyist' or SMB options.

The Enterprise package gives you a variety of features and applications including the integration of modern forms of advertising and interactive components. The technology allows serving to websites and mobile platforms and it operates its own CDN (content delivery network).

It will be interesting to see what they do with the 'seven-digit sum' and how they move forward in the hotly contested online video platform space.

Comments are closed.