How Much Did Phenix Raise?
Funding & Key Investors

Phenix, a provider of real-time video streaming solutions, has secured significant enterprise-level funding, with its total capital raised standing at $24.3M. The company recently announced a major strategic investment of $16.7M, underscoring its growth trajectory and market position in delivering ultra-low latency video at broadcast scale.

What is Phenix?

Phenix
SoftwareMultimedia, Games & Graphics Software

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:

2020

Series A

$7.5M

2021

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.

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Frequently Asked Questions Regarding Phenix Financial Insights

What are the most recent funding rounds that Phenix has completed, and what were the funding rounds?
Phenix has recently completed 2 funding rounds: Series B on Apr 19, 2021, Series A on Apr 2, 2020.
What is the total amount of funding Phenix has raised to date?
Phenix has raised a total of $24.3M in funding to date.
How many funding rounds has Phenix completed?
Phenix has completed 2 funding rounds.
How much funding did Phenix raise in its most recent funding round?
Phenix raised $16.7M in its most recent funding round.
Who are the lead investors in Phenix's latest funding round?
The lead investor in Phenix's latest funding round was KB Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Phenix's history?
The largest funding round in Phenix's history was $16.7M.
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