Accedo Broadband
Latest round
- Series A
Last raised
- Jun 2007
Total raised
- $1.3M
Investors
- 1
About Accedo Broadband
Founded in 2004, Accedo Broadband AB operates from Stockholm, Sweden, focusing on the development of innovative streaming technologies. The company was acquired by SEB Private Equity in June 2016 from Industrifonden, marking a significant pivot in its ownership structure. The firm was co-founded by Fredrik Andersson, Michael Lantz, and Mohit K, with Michael Lantz currently serving as CEO.Accedo specializes in providing comprehensive streaming solutions and software designed for media and entertainment leaders. Their core product offerings include a range of no-code and customizable cloud-based OTT video applications, facilitated through their flagship solution, Accedo One, which empowers clients to build, manage, and grow their video services with a user-friendly content management system (CMS). Additionally, Accedo offers a variety of modular application frameworks, including solutions for Android TV and other connected devices, aimed at optimizing deployment across platforms such as Apple TV, Roku, and Smart TVs. The company serves a diverse client base, including leading media operators, OTT service providers, and various sectors such as sports, healthcare, and hospitality, facilitating engagement across multiple digital touchpoints.8 mn. Revenue streams are mainly derived from subscription-based models and partnerships with media companies and OTT service providers. Clients typically engage in multi-year agreements that encompass the use of Accedo's software solutions, which may include bespoke development services tailored to specific client needs. This transactional structure allows clients to access various software offerings based on their business requirements, including the use of Accedo One for OTT applications and other modular frameworks for connected TV solutions.Accedo Broadband AB plans to utilize the funds from their latest acquisition to propel continued growth and innovation. The company is focusing on expanding its product offerings, with new streaming solutions scheduled for launch in the coming years. Specific geographic regions targeted for expansion include North America and Asia-Pacific, where they aim to strengthen their market presence by 2025. The recent acquisition by SEB Private Equity will facilitate these initiatives and support the company’s ongoing development efforts.
Who invested in Accedo Broadband
1 investor across 1 round
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Funding rounds
Series A
Jun 18, 2007
Amount
$1.3M
Investors
Questions about Accedo Broadband
Who invested in Accedo Broadband?
Accedo Broadband has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Accedo Broadband raised?
Accedo Broadband has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Accedo Broadband last raise money?
Accedo Broadband's most recent round on record is a Series A, in Jun 2007.
What does Accedo Broadband do?
Founded in 2004, Accedo Broadband AB operates from Stockholm, Sweden, focusing on the development of innovative streaming technologies.
Where is Accedo Broadband headquartered?
Accedo Broadband is headquartered in Stockholm, Sweden.
Which VCs invest in companies like Accedo Broadband?
Among active investors with capital left to deploy, Index Ventures, European Investment Bank, Highland Europe and Balderton Capital back software companies at Accedo Broadband's stage. Their profiles are linked below.
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