What is Simplestream?
Founded in 2010 and headquartered in London, Simplestream is a leader in providing live, live-to-VOD, and on-demand TV services across all Over-The-Top (OTT) platforms. The company empowers broadcasters, platform operators, content owners, and distributors to rapidly deploy next-generation TV services, thereby expanding their audience reach and increasing revenue streams. Simplestream distinguishes itself through its simplified workflow and cloud-based solutions, catering to industry leaders seeking efficient and scalable TV service delivery.
How much funding has Simplestream raised?
Simplestream has raised a total of $5.1M across 3 funding rounds:
Private Equity
$3M
Private Equity
$658K
Debt
$1.4M
Private Equity (2014): $3M with participation from YOLO Leisure and Technology and Beringea LLC
Private Equity (2017): $658K led by Clydesdale and Yorkshire Banku2019s Growth Finance
Debt (2021): $1.4M supported by BOOST&Co
Key Investors in Simplestream
BOOST&Co
BOOST&Co is a debt solutions provider for innovative SMEs, offering tailored financing that understands entrepreneurial needs. They manage their own capital, allowing for independent decision-making and a focus on backing promising businesses.
Clydesdale
Clydesdale, part of Cumberland Building Society, is a UK-based financial institution providing banking and financial services. It offers a range of products for individuals and businesses, with a focus on regional presence and customer service.
YOLO Leisure and Technology
YOLO Leisure and Technology plc is an investment firm targeting opportunities in the travel, technology, and leisure sectors. They invest in businesses with strong management, positive cash flow, and potential for significant returns, leveraging their network for strategic advantage.
What's next for Simplestream?
The recent major strategic investment signals Simplestream's readiness for its next phase of growth, likely focusing on scaling its operations, enhancing its technological capabilities, and expanding its market penetration. Given the enterprise-level nature of its total funding, the company appears poised to solidify its leadership in the competitive OTT landscape, potentially exploring new service offerings or strategic partnerships to further innovate within the broadcast and media technology sector.
See full Simplestream company page
