What is Phenix?
Founded in 2013 and headquartered in Chicago, IL, Phenix specializes in real-time video streaming technology. Its core offering is synchronous video with end-to-end latency under 500 milliseconds, capable of operating at broadcast scale globally. This capability positions Phenix as a key player in markets requiring immediate, synchronized video delivery, such as live sports, interactive events, and high-frequency trading.
How much funding has Phenix raised?
Phenix has raised a total of $24.3M across 2 funding rounds:
Series A
$7.5M
Series B
$16.7M
Series A (2020): $7.6M with participation from KB Partners
Series B (2021): $16.7M led by KB Partners
Key Investors in Phenix
KB Partners
KB Partners is a venture capital firm that focuses on investing in innovators at the intersection of sports and technology. They leverage their extensive experience and networks to support early-stage companies.
KB Partners
KB Partners is a venture capital firm focusing on investing in passionate innovators at the intersection of sports and technology. With over 25 years of experience, they recognize the challenges of building early-stage companies and leverage their proven track record and extensive networks to foster growth.
What's next for Phenix?
The recent major strategic investment signals Phenix's readiness for accelerated scaling and market penetration. This capital infusion is expected to fuel further technological development, expand its global infrastructure, and enhance its sales and marketing efforts. Phenix is poised to solidify its leadership in the ultra-low latency video streaming sector, capitalizing on the increasing demand for real-time, high-quality video experiences.
See full Phenix company page