Latakoo Inc. is an Austin, TX–based video management developer that builds tools to send, store and share video privately online. Its flagship product, latakoo Flight, compresses and uploads large HD or SD video files to enable fast transfer over the Internet. The company is led by CEO Paul Adrian and was launched in 2009, having formerly operated as Press for the People. In January 2013 Latakoo closed a $2.0M financing to support its operations. The financing structure and recent capital raise are the only financial details disclosed in the article. Latakoo's core product, Flight, is a desktop tool that compresses HD video to about 1.5–5% of the original file size while preserving quality and resolution, then stores output in a web-based cloud application for private sharing. The company serves newsroom customers (including TV station groups) and claims more than 200 paying customers. Compressed output is delivered in MPEG4 with all audio channels intact to facilitate editing. Latakoo's compression relies on open-source techniques that the team has optimized for speed and newsroom workflows. The service supports private in-network sharing and external downloads via emailed links, and pricing is offered in several monthly tiers plus a pay-per-minute plan for occasional users. The company offers an API and plans product enhancements, including social-sharing integrations for YouTube, Facebook, and Twitter.

Total raised

$3M

Funding rounds

3

Latest round

Equity

Latest activity

Jan 2013