Mux Secures $175 Million Series B Round of Funding
As the video pandemic continues to rage, Mux Series 1b 175mtechcrunch is building a platform to help developers build better streaming experiences. Its product combines video technology and analytics to empower developers to build on-demand and interactive live video.
The company recently raised $20 million in Series B funding led by Evolution Media (the early-stage arm of TPG Growth) with participation from Accel and Y Combinator.
Video is the most popular way people communicate online, but it can be a complex infrastructure to build into applications. That’s why Mux focuses on making it easier for developers to stream video, optimizing its encoding and streaming technology with data and machine learning. With a simple API-first approach, Mux Video empowers developers to build live and on-demand video experiences into their apps in hours instead of months.
Founded in 2015 by Jonathan Dahl, Matt McClure, Steve Heffernan, and Adam Brown, Mux has developed two products: Mux Data, which monitors billions of video streams for the world’s largest video platforms; and Mux Video, which enables developers to stream video seamlessly across every connection and device through simple APIs. Over the past year, Mux’s on-demand and live video streaming platforms have grown by 300% and 3700%, respectively.
Earlier this month, Mux raised $20 million in series B funding led by Evolution Media (the early-stage arm of TPG Growth) with participation from Accel and Y Combinator. The company plans to use the capital to fuel product development and international expansion. As global video traffic continues to rise, Mux is positioned as the leader in democratizing the power of video for developers and helping them deliver more engaging experiences.
Streaming video has been the new norm for many businesses, from e-learning platforms to live music events. Luckily, Mux Series 1b 175mtechcrunch has helped developers stay ahead of the curve by supporting accelerated adoption and increased consumption of this growing platform.
Using their API-first approach, Mux offers industry-leading video encoding and streaming technology with the help of data and machine learning. This combination helps developers create a great user experience without having to worry about the underlying infrastructure powering their streams.
Mux also offers a robust analytics product called Mux Data, which spotlights the most important metrics to help your team manage video streaming performance and provide better quality. It measures the most significant things to your users, like startup time, rebuffering, and video quality. It also comes with powerful filtering tools to give you a more granular view.
Founded in 2015 by Adam Brown, Jon Dahl, Matt McClure, and Steve Heffernan, Mux has raised $20 million in Series B funding from Evolution Media (the early-stage arm of TPG Growth), Accel, and Y Combinator. This latest round will fuel Mux’s international expansion and product development efforts.
Mux Series 1b 175mtechcrunch is built to ingest, store, and stream video at scale. Its patented technology enables developers to stream video seamlessly across all connections and devices. In addition, the company specializes in video analytics and has a comprehensive monetization strategy to boot. With this new funding, Mux plans to continue its rapid expansion and hiring of top notch talent. The company has already secured a total of $175 million from investors such as Coatue, Accel, Andreessen Horowitz (a16z), and Dragoneer. Founded in 2015 by Y Combinator alumnus Adam Brown, Matt McClure and Steve Heffernan, Mux has grown to 80+ employees and has made notable progress in both its video and data platforms.
Mux Series 1b 175mtechcrunch offers an API-first video platform that makes it easy for developers to stream high quality, live or on-demand video across all devices and connections. Over the past year, Mux has seen 300% growth in on-demand streaming and 3700% in live video. Its Mux Data analytics tool monitors several billion video streams every month for some of the world’s largest video streaming platforms. This helps them analyze, measure and optimize their streams for deeper engagement and monetization. In addition, Mux integrates with PagerDuty to help engineering and operations teams track Quality of Experience (QoE) metrics, such as startup time, rebuffering, video quality, and playback failure. This allows them to respond quickly to video performance incidents.
Prepr supports Mux by automatically integrating it into its graphical CMS interface, and allowing customers to easily add and manage their own videos within the app. This enables the creation of a rich, engaging video content, with features such as securing and adding watermarks, uploading and streaming to third-party platforms and more.