# NGCodec

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

- Industry: Software
- Headquarters: Sunnyvale, US
- Website: www.ngcodec.com
- Total disclosed funding: $4M
- Latest round: Seed (Nov 15, 2016)
- Investors on record: 1

## About

NGCodec Inc. specializes in video transcoding solutions that leverage advanced hardware acceleration technology to enhance video streaming quality and reduce latency. Their offerings cater to media companies, content creators, and enterprises focused on effective video delivery.Founded in 2012 and headquartered in Sunnyvale, US, NGCodec Inc. provides innovative video transcoding services. The company was co-founded by Adam Malamy, Mafalda Mourão, and Prithvi Mattur, with Victor Peng serving as the current CEO. NGCodec has raised a total of USD 8.00 mn through Series A funding, with the latest round completed in October 2017.NGCodec's primary offering is Video Transcoding, utilizing hardware-accelerated technology to optimize video streaming. The service significantly reduces latency, achieving transcode latencies as low as 8 milliseconds, suitable for ultra-low latency applications including 4K video at 60 frames per second. It supports mainstream codecs such as H.264, H.265, and AV1, targeting media companies, content creators, and enterprises aimed at improving their streaming capabilities while managing bandwidth costs.The revenue model of NGCodec revolves around business-to-business transactions with clients utilizing their video streaming services. Clients typically engage via subscription agreements that grant access to transcoding capabilities. The pricing structure is tiered based on streaming volume, catering to both large media firms and smaller content creators. Their flagship products include streaming appliances with multiple Alveo U30 media accelerators, designed to enhance operational scalability.NGCodec plans to utilize the USD 8 mn raised in Series A funding from October 2017 to support the development of new products aimed at further optimizing their video transcoding services. The company is also exploring expansion into new markets, particularly in Europe and parts of Asia, by 2023, to capitalize on the growing demand for high-quality streaming services globally.

## Funding rounds

- Seed, Nov 15, 2016, $1M — Belmore Capital
- Seed, Nov 18, 2014, $3M — Belmore Capital

## Investors

- Belmore Capital (https://capitalatlas.ai/funds/belmore-capital) — Seed