# SeaWell Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/seawell-networks

- Industry: Software
- Headquarters: Mississauga, Canada
- Website: www.seawellnetworks.com
- Total disclosed funding: $15M
- Latest round: Series B (Apr 13, 2012)
- Investors on record: 3

## About

SeaWell Networks develops advanced video streaming solutions, optimizing the delivery of high-quality video content over broadband networks, enhancing user experiences across various platforms.Founded in 2008 in Mississauga, Canada, SeaWell Networks specializes in video streaming technology, focusing on improving content delivery. The company was acquired by Arris Group, Inc. in April 2014 for an undisclosed sum. SeaWell has been involved in six funding deals and has raised a total of USD 3.00 mn, with the latest funding round being Venture Debt for USD 0.95 mn.SeaWell Networks offers a suite of high-performance video streaming solutions designed to enhance the delivery of video content over broadband infrastructures. Their technology facilitates seamless streaming experiences for consumers, particularly targeting telecommunication companies, cable TV providers, and governmental agencies in North America, Europe, and Asia-Pacific regions. The core products include advanced streaming software that optimizes video quality and reduces latency, ensuring high-quality viewing experiences across various devices and platforms.SeaWell Networks generates revenue through B2B transactions, primarily offering its video streaming solutions to business clients and service providers. Their revenue is driven by direct sales of technology solutions, including software licenses and support services tailored to operational needs. The business model focuses on long-term partnerships that create ongoing demand for their innovative video delivery technologies.Looking ahead, SeaWell Networks plans to enhance its product offerings by developing new video streaming solutions aimed at improving user engagement. The company is also targeting expansion into emerging markets in South America and Africa by 2025, to leverage growing demand for video content. The recent funding through Venture Debt will be allocated to research and development efforts to accelerate product innovation and to support market entry strategies in these new regions.

## Funding rounds

- Series B, Apr 13, 2012, $3M — BDC Capital, Northwater Capital Management
- Series B, Jan 31, 2012, $5M — BDC Capital, Northwater Capital Management
- Series A, Mar 9, 2010, $6.8M — BDC Capital, Northwater Capital Management, Ontario Centre of Innovation

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A, Series B
- Northwater Capital Management (https://capitalatlas.ai/funds/northwater-capital-management) — Series A, Series B
- Ontario Centre of Innovation (https://capitalatlas.ai/funds/ontario-centre-of-innovation) — Series A