Upcoming Industry Conferences
Streaming Media West [13-14 November 2018]
Live Streaming Summit [13-14 November 2018]
Streaming Forum [26 February 2019]
Past Conferences
Streaming Media East 2018 [8-9 May 2018]
Live Streaming Summit [8-9 May 2018]
Content Delivery Summit [7 May 2018]
Streaming Forum [27 February 2018]

StreamingMediaGlobal.com: Industry Announcements
View Press Releases
Add Your Press Release
StreamingMediaGlobal.com provides this section as a service to its readers and customers.


Press releases are subject to approval by the editorial staff of StreamingMediaGlobal.com and may be edited or altered for length and clarity, or to remove unsubstantiated and unverifiable claims.


All content presented within the press release section is that of the submitter. StreamingMediaGlobal.com does not necessarily endorse such content and bears no responsibility or liability for its accuracy.

Accedo Raises $17M in Growth Capital to Accelerate Innovation

Stockholm(1/3/2019) -

Accedo, the video experience pioneer has today revealed that it has raised $17M in equity to further drive its growth over the coming years. This round of financing was led by SEB Private Equity, a Stockholm based private equity team and already a substantial investor in Accedo.  
 
Accedo was founded in 2004 by Michael Lantz and Fredrik Andersson with the vision of providing the future of internet distributed video services. Today, Accedo is a leader in OTT video experience solutions and Accedo’s global solution team, award winning Accedo One product portfolio and flexible, high quality managed services are trusted by leading media companies, operators and broadcasters world-wide.
 
“The industry is undergoing tremendous change at the moment. We see rapid innovation happening and existing business models and technologies are being challenged. As an innovator in the market, we have great opportunities to set and drive the agenda during a dynamic transformation. I’m thrilled to be able to continue to lead the market in new areas over the coming years,” says Michael Lantz, CEO, Accedo. 
 
In addition to rolling out multiple new products for the core video experience market, Accedo has over recent years continued to innovate and entered into new business areas, including VR, AR, Voice interaction, as well as data-driven analysis of video experiences. 
 
“Accedo has built a leading position in a very dynamic and rapidly changing industry. The market trends are moving in the right directions and we expect to see continued rapid industry evolution over the coming years. We’re looking forward to supporting Accedo as we embark on the next step on this exciting journey”, commented Magnus Ramström, Investment Director, SEB Private Equity. 
 
Accedo will be demonstrating its latest innovations at CES from 8th– 11thJanuary. Accedo will be exhibiting at the Venetian, Suite 29-125. To book a meeting, please visit https://www.accedo.tv/events/ces-2019

About Accedo 
Accedo (www.accedo.tv) is the trusted video experience transformation pioneer improving the lives of video consumers by the hundreds of millions. Over the years, Accedo has earned the trust of the world’s leading video service providers – customers to whom two goals are paramount: explore new opportunities to monetize video and transform video services to meet rapidly changing consumer expectations.
Accedo
Editorial Contact:
Helen Weedon
+44 1570 434632
helen.weedon@accedo.tv