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Restream is the leading multiplatform live streaming service, combining a professional-grade streaming studio including branded live streams, analytics, and audience engagement tools to stream simultaneously to over 30 top social platforms.
FREMONT, CA: Restream, the leading multiplatform live streaming solution, raised $50 million in Series A round of financing led by Sapphire Ventures and Insight Partners. The company also is launching Restream Studio, a broadcasting production center that makes live streaming across social platforms as easy as hosting a Zoom call.
Restream will use the latest funding to expand its product offerings and continue to grow its global footprint, following 300 percent growth since January. Paul Levine, Managing Director at Sapphire Ventures, and Teddie Wardi, Managing Director at Insight Partners, will also join Restream's board of directors.
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Alex Khuda, co-founder, and CEO of Restream, said, "As the world shifts entirely to online and virtual, live streaming has become an essential way for creators and brands to engage their communities around the world. This year, we've seen our growth skyrocket. Live streaming is now critical to every organization's social media strategy. Our mission has always been to make it super easy to go live on all your social platforms and with this new investment, we will continue to bring new, powerful solutions like Studio to market to support our quickly growing community of creators and businesses."
Restream Studio allows businesses to broadcast live content from the cloud to millions of viewers across more than 30 social platforms, including Facebook, LinkedIn, Twitch, Twitter, and YouTube. Creators can brand content by adding overlays, logos, watermarks, and use Restream Chat and Analytics to engage with their community in real-time.
Restream has a community of more than 2 million live streamers broadcasting an average of 8 million live streams per month. Customers actively using it include Dr. Phil, Deepak Chopra, Microsoft, Redhat, SalesForce, Ubisoft, the World Health Organization (WHO), and more.
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