JW Player Raises $100M in Series E Funding

JW Player, a NYC-based provider of a video software and data insights platform, raised $100M in Series E funding.

The round was led by LLR Partners.

The company intends to use the funds to accelerate product innovation, expand its global go-to-market presence across sales, marketing and channel partnerships and continue to grow and invest in building the team.

Led by Dave Otten, CEO and co-founder, JW Player is a video software and data insights platform now powering digital video for hundreds of thousands of businesses, and broadcasters across EMEA, APAC and Latin America. Each month 1 billion viewers, or one third of all people on the Internet, consume video on JW Player’s technology across 2.7 billion devices. The funding follows JW Player’s recent acquisition of Vualto, a provider of live and on-demand video streaming and Digital Rights Management (DRM) solutions.

The company also has offices in London and Eindhoven.

FinSMEs

29/06/2021