# LiveU

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

- Industry: Software
- Headquarters: Hackensack, US
- Website: www.liveu.tv
- Total disclosed funding: $24M
- Latest round: Series C (Nov 2, 2010)
- Investors on record: 3

## About

Based in New Jersey, US, and founded in 2006 by Samuel Wasserman, LiveU Inc. operates as a provider of remote production and live video streaming solutions. The company received Series A funding from Canaan Partners in 2007, Series B funding from Canaan Partners and Viola Ventures in 2008, Series C funding from Canaan Partners, Pitango Venture Capital, and Viola Ventures in 2010, investment from Canaan Partners, Lightspeed Venture Partners, Pitango Venture Capital, and Viola Ventures in 2012. LiveU Inc. was acquired by Francisco Partners and Israel Growth Partners in May 2019. In July 2021, Carlyle Group agreed to acquire the company from Francisco Partners and Israel Growth Partners for approximately USD 400 million.

The firm's solutions include broadcast, which allows broadcasters of all sizes to acquire and share quality live video on any viewing platform, sports broadcast, which delivers a live video for every type of sporting event, and cloud solutions, which provides a range of essential internet protocol and other production solutions. LiveU’s offerings include a mobile bonded transmission application for journalists to perform live news coverage (LU-Smart); a line of uplink products with 3G/4G/5G capabilities to manage video feeds for live news and event coverage called LU800, LU600 HEVC, LU300 HEVC, LU200, and LiveU Xtender; encoders; decoders and lastly, file/video transmission software (LU-Lite). The company also provides rental services for its units that are backed by 24/7 support and operates an e-commerce website to sell products such as power chargers, cases, and other accessories for its hardware lines.

## Funding rounds

- Series C, Nov 2, 2010, $11M — Pitango, Canaan Partners, Viola Group
- Series B, Jun 3, 2008, $9M — Canaan Partners, Viola Group
- Series A, Jan 1, 2007, $3.5M — Canaan Partners

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series A, Series B, Series C
- Viola Group (https://capitalatlas.ai/funds/viola-group) — Series B, Series C
- Pitango (https://capitalatlas.ai/funds/pitango) — Series C