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News by FinTech Collective Archive

Livepeer raises $40m in Series B extension funding

Sarah Wolter

1/6/2022 1:05:44 PM

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Sarah Wolter

defi

New York based decentralized video streaming platform built on the Ethereum blockchain raised $40m in Series B extension funding from investors including Alan Howard, Tiger Global, Digital Currency Group, Northzone, and Warburg Serres.

"We've seen strong organic growth in demand for transcoding, as well as growing awareness of the reliability, value, and efficiency of web3 infrastructure," said Petkanics.

https://www.theblockcrypto.com/linked/129270/ethereum-video-streaming-platform-livepeer-20-million-new-funding

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