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Simplestream secures extra £2m funding

Simplestream secures further £2m funding

Simplestream secures further £2m funding

OTT service Simplestream has secured an additional £2m in equity funding from a consortium including Beringea and YOLO Leisure and Technology.

The investment will accelerate the expansion of Simplestream’s video streaming platform in the UK and internationally, and the continued development of TVPlayer, Simplestream’s B2C live TV streaming service, which is to be made available on a white-label basis.

Simplestream is a provider of live streaming and live-to-VOD services, whose broadcast clients include Discovery Networks, Scripps Networks, Box Television, QVC, At The Races and Turner Broadcasting amongst others.

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