Beamr is acquiring Vanguard Video, a provider of HEVC and H.264 codec technologies, and raising a USD15M funding round led by Disruptive Growth, with the participation of Marker and Innovation Endeavors, the company said.
The transaction positions Beamr as a global leader in H.264 and HEVC video encoding and optimization solutions, with over 80 employees and offices in Palo Alto, Tel Aviv and St. Petersburg, Russia.
Following the acquisition, Beamr will offer a full array of media compression and optimization solutions to its customers. By integrating Beamr´s unique video optimization technology into Vanguard Video´s advanced encoder solutions, Beamr will achieve unprecedented levels of video quality at extremely low bit rates, allowing OTTs, Cable, Satellite, Telcos and mobile operators to deliver an exceptional viewing experience over congested networks.
Solutions that can maximize video quality per encoded bit rate are critical competitive features for content distributors who value visual quality while being sensitive to bandwidth availability on the network. For OTTs, the solution will enable users to stay below newly-imposed ISP data caps, while still enjoying full HD content on a variety of connected devices.
Beamr offers high-performance media optimization solutions for Private, Public and Hybrid Clouds that are scalable and fully virtualized, supporting the emerging Network Function Virtualization (NFV) architecture. Vanguard Video´s encoders are available on both x86 and ARM HW platforms, and support the most popular operating systems including Windows, Mac OS X, Linux, Android, and iOS.
Beamr provides media optimization solutions, powering some of the world´s top web publishers, social networks and media companies. Beamr offers a patent-pending perceptual video optimizer, which reduces the bitrate of H.264 and HEVC streams by up to 50 percent, preserving their full resolution and quality.
Vanguard Video supplies professional, broadcast-quality HEVC and H.264 codec technologies to top-tier customers around the world. With rich codec expertise, unparalleled performance/quality, and world class support and integration services, Vanguard Video has helped its customers capitalize on many first to market opportunities by pioneering advanced compression technologies including the release of the world´s first commercially deployed HEVC service. Vanguard Video technologies support a broad range of platforms including x86, ARM, and OpenCL acceleration for GPUs.