# Veebeam

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

- Industry: Software
- Headquarters: Cambridge, UK
- Website: www.veebeam.com
- Total disclosed funding: $26M
- Latest round: Series B (Oct 12, 2010)
- Investors on record: 10

## About

Veebeam Ltd. specializes in innovative streaming solutions, enabling users to wirelessly transmit high-definition content to TVs and other devices, enhancing home entertainment experiences with easy connectivity.Founded in 2002 in Cambridge, UK, Veebeam Ltd. focuses on providing wireless streaming technology. The company had a significant milestone in June 2012 when it was acquired by a major Silicon Valley company. The firm has engaged in a total of 5 funding deals, with the latest being a Series B round, raising USD 6.00 mn led by investors including Amadeus Capital Partners and Intel Capital. The founder's previous entrepreneurial experience is not detailed, but the strategic direction has remained consistent in developing advanced streaming solutions.Veebeam Ltd. delivers advanced streaming technology that allows users to wirelessly connect their devices to televisions, facilitating the transmission of high-definition video content. This service enhances the home entertainment experience by providing a seamless and user-friendly interface that caters to various multimedia needs, making it suitable for a wide audience eager to enjoy their favorite content without restrictive connections.For the year 2012, Veebeam Ltd. reported a revenue of USD 998,326 with an EBITDA of USD -209,689.50. This financial performance reflects the company's operations during a pivotal phase following its recent acquisition.Following the most recent deal in June 2012, Veebeam Ltd. plans to leverage its new backing to expand its product offerings and enhance its market presence. The company is focusing on developing new streaming devices that facilitate even greater content accessibility and user engagement. There are also intentions to penetrate additional markets, targeting broader audiences within Europe by the end of 2013. This funding will be essential in supporting these initiatives, enabling the company to further innovate and capture new customer segments.

## Funding rounds

- Series B, Oct 12, 2010, $6M — Amadeus Capital Partners, Bay Partners, Oak Investment Partners, Intel Capital, Vision Capital (US), Formative Ventures, Khosla Ventures
- Series A, Nov 20, 2008, $20M — AllegisCyber Capital, Bay Partners, InterWest Partners, Oak Investment Partners, Intel Capital, Vision Capital (US), Noble Fund Management, Formative Ventures, Khosla Ventures

## Investors

- AllegisCyber Capital (https://capitalatlas.ai/funds/allegiscyber-capital) — Series A
- Bay Partners (https://capitalatlas.ai/funds/bay-partners) — Series A, Series B
- InterWest Partners (https://capitalatlas.ai/funds/interwest-partners) — Series A
- Oak Investment Partners (https://capitalatlas.ai/funds/oak-investment-partners) — Series A, Series B
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series A, Series B
- Vision Capital (US) (https://capitalatlas.ai/funds/vision-capital-us) — Series A, Series B
- Noble Fund Management (https://capitalatlas.ai/funds/noble-fund-management) — Series A
- Formative Ventures (https://capitalatlas.ai/funds/formative-ventures) — Series A, Series B
- Khosla Ventures (https://capitalatlas.ai/funds/khosla-ventures) — Series A, Series B
- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Series B