# Copper Studios

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/copper-studios

- Industry: Media
- Headquarters: Bangalore, India
- Website: www.rheo.tv
- Total disclosed funding: $3.5M
- Latest round: Seed (Jan 8, 2020)
- Investors on record: 7

## About

Based in the US, Copper Studios, Inc. focuses on delivering innovative content delivery solutions through streaming technology, enhancing video accessibility and performance across digital platforms.Copper Studios, Inc. specializes in streaming services that improve video distribution and reduce latency issues. Founded in 2015 in Bangalore, India, the company has completed three deals, with the most recent one in July 2021 when they acquired Sorting Hat Technologies Private Limited. The latest funding round was a Seed round led by Sequoia Capital, raising a total of USD 2.00 mn, with contributions from Lightspeed Venture Partners and Surge.Rheo.tv specializes in providing advanced content delivery solutions tailored for the digital media landscape. Their core product offerings include a range of streaming services that enhance the distribution and accessibility of video content across various platforms. These services are designed to resolve issues related to latency and buffering, ensuring a seamless viewing experience for end users. Targeting businesses in the entertainment, education, and corporate sectors, Rheo.tv serves a diverse client base that includes production companies, educational institutions, and enterprises looking to leverage video for training and communication purposes. The company's products are marketed primarily in North America, Europe, and parts of Asia, facilitating a robust international presence to meet the demands of a global audience.Rheo.tv's revenue model is predominantly built on subscription-based services, allowing clients to access their streaming technologies and solutions through various pricing plans. These plans typically cater to different tiers of service, offering scalability based on the client's requirements. The company engages in B2B transactions, partnering with content creators and distributors to provide tailored solutions that enhance video delivery and user engagement. Flagship products, which include proprietary streaming technology, are sold through direct contracts and partnerships, fostering long-term relationships with clients. The structure of these transactions emphasizes flexibility and customization, aligning with the specific needs of each client while ensuring consistent service delivery.Copper Studios, Inc. plans to leverage its recent Seed funding to enhance its current streaming technology and introduce new products designed for the evolving demands of digital media. The company is focused on expanding its market presence in North America and Europe, with specific initiatives aimed for execution by the end of 2023. The recent acquisition of Sorting Hat Technologies Private Limited is expected to support these growth initiatives by integrating additional capabilities into their service offerings.

## Funding rounds

- Seed, Jan 8, 2020, $2M — Lightspeed Venture Partners, Hong Shan, Surge
- Seed, Aug 12, 2016, $1.6M — Social Capital, Social Starts, Accomplice, Pathbreaker Ventures

## Investors

- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed
- Social Starts (https://capitalatlas.ai/funds/social-starts) — Seed
- Accomplice (https://capitalatlas.ai/funds/accomplice) — Seed
- Pathbreaker Ventures (https://capitalatlas.ai/funds/pathbreaker-ventures) — Seed
- Lightspeed Venture Partners (https://capitalatlas.ai/funds/lightspeed-venture-partners) — Seed
- Hong Shan — Seed
- Surge (https://capitalatlas.ai/funds/surge) — Seed