Videon provides cloud-based infrastructure for streaming high-quality, low-latency live video to customers in 19 countries. The company’s core product is a video computing platform that supports live-streaming workflows via the cloud. Videon recently raised a $9 million funding round and previously completed a separate $7.3 million round in July. The startup is based in State College, Pa., and serves a global customer base. It is led by CEO Tricia Iboshi, a longtime Seattle entrepreneur who previously worked at thePlatform and Make.TV. Iboshi, now based in San Francisco, replaced former Microsoft manager Rob Green last year. Videon provides a live video encoding, streaming, and edge computing platform built around on-chip video processing capabilities. It enhances the compute and video processing power of Qualcomm Snapdragon chips to enable broadcast-quality workflows. The platform is used in 19 countries, handling tens of thousands of hours of content each day across live sports, news, betting, auction houses, emergency services, drones, and other verticals. Customers include LiveX, Techex, major broadcasters, and top sports leagues. Led by newly added CEO Rob Green, Videon works closely with a partner ecosystem that includes Akamai, AWS, Mux, and Vimeo. The company intends to use the Series A proceeds to expand senior leadership, engineering, marketing, and sales and to bring its video compute platform to more customers worldwide.

Total raised

$16M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2022