$10 million CAD Series A equity investment was obtained by Netskrt Systems, a content delivery network (CDN) provider located in Vancouver, British Columbia, that aims to enhance the quality of over-the-top (OTT) streaming video at the network edge.
Backers
- Leader Yaletown Partners
- InBC Investment Corp.
- Credit Mutual Equity
With the money, the business hopes to increase the visibility of edge CDNs (eCDNs) in foreign markets including South America and Europe, as well as among airlines and other travel-related industries.
Under the direction of CEO and co-founder Siegfried Luft, Netskrt now provides live media and tier 1 streaming video on demand (VOD) throughout its presence in the US, UK, and Canada, enabling the distribution of content at scale.
With this funding, Netskrt will be able to carry out their worldwide eCDN objective by growing its operations, engineering, and customer support departments.
Concerning Netskrt
With Netskrt Systems, over-the-top (OTT) providers can now provide all of their users, no matter where they are, a far better watching experience while also increasing network efficiency. Major athletic events and well-liked VOD material are especially well-suited for live streaming with Netskrt’s eCDN technology.
