# Bitmovin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitmovin

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.bitmovin.com
- Total disclosed funding: $67M
- Latest round: Series C (Mar 29, 2021)
- Investors on record: 11

## About

Bitmovin Inc. delivers innovative solutions for video streaming, focusing on live and on-demand workflows, with products designed to enhance video playback quality and user experience across diverse platforms.Founded in 2012 in San Francisco, US, Bitmovin Inc. specializes in video streaming technology. The company has raised a total of USD 25.00 mn through various funding rounds, with the latest being a Series C round on March 29, 2021, led by Swisscom Ventures and supported by Atomico, Climb Ventures, Constantia New Business, and Highland Europe. The company was co-founded by Christian Timmerer, Christopher Mueller, and Stefan Lederer, who serves as CEO.Bitmovin specializes in delivering comprehensive solutions for live and on-demand video workflows, through core products including the Bitmovin Player, VOD Encoder, and Live Encoder. The Bitmovin Player ensures high-quality video playback across multiple devices. The VOD Encoder efficiently processes content, reducing file sizes while maintaining quality, capable of processing at speeds up to 100 times real-time. The Live Encoder, designed for the Akamai Connected Cloud, supports resilient streaming for live events and linear channels. Bitmovin's clients include organizations in sports, entertainment, and e-learning, such as OneFootball.Bitmovin generates revenue through subscription-based services and partnerships, providing clients access to its product suite, including VOD Encoder and Live Encoder. These products are offered under flexible pricing plans to meet enterprise needs. Revenue models include AVOD and SVOD, allowing clients to create new revenue streams through ad integration. The company’s pricing reflects the value provided in optimizing video streaming operations, ensuring competitive positioning within media and entertainment sectors.Bitmovin plans to utilize the USD 25.00 mn raised during the Series C funding round to further enhance its product innovation and technology leadership in the streaming market. The company is focused on expanding into new geographic regions, with specific targets for growth in North America, Europe, and parts of Asia by 2023. The funds will also support the development of upcoming products aimed at improving video streaming capabilities.

## Funding rounds

- Series C, Mar 29, 2021, $25M — Atomico, Swisscom Ventures, Constantia New Business, Highland Europe, Climb Ventures
- Series B, Apr 11, 2018, $30M — Dawn Capital, Atomico, Y Combinator, Constantia New Business, Highland Europe
- Series A, Jul 21, 2016, $11M — Dawn Capital, Atomico, Y Combinator, Speedinvest
- Seed, Aug 26, 2015, $0.7M — CRCM, Zillionize Angel, 7percent Ventures
- Seed, Aug 12, 2014 — Speedinvest, Constantia New Business

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed, Series A
- Constantia New Business (https://capitalatlas.ai/funds/constantia-new-business) — Seed, Series B, Series C
- CRCM (https://capitalatlas.ai/funds/crcm) — Seed
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- 7percent Ventures (https://capitalatlas.ai/funds/7percent-ventures) — Seed
- Dawn Capital (https://capitalatlas.ai/funds/dawn-capital) — Series A, Series B
- Atomico (https://capitalatlas.ai/funds/atomico) — Series A, Series B, Series C
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A, Series B
- Highland Europe (https://capitalatlas.ai/funds/highland-europe) — Series B, Series C
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series C
- Climb Ventures (https://capitalatlas.ai/funds/climb-ventures) — Series C