4 years ago

Simplestream Secures £1 Million Loan to Fuel Growth

  • Simplestream, a London-based SaaS company providing multi-platform live-streaming and video-on-demand services, has secured a £1 million loan from BOOST&Co

  • The funding will be used to roll out new features for its global customers, including content syndication to third-party platforms, and to hire 15 new employees

  • Simplestream has experienced significant growth in the past year due to the increased consumption of digital media during the COVID-19 pandemic

  • The company has completed projects such as the launch of a movie SVOD service for Sony in Africa and the creation of a multi-platform children’s service for Freeview Play.

      • ProblemTechnology

      "Broadcasters and media companies are struggling to make the switch to digital content distribution, which is becoming increasingly important as viewers shift to streaming services."

      Solution

      "Simplestream provides a SaaS platform that enables broadcasters and media companies to easily distribute their content across multiple platforms, including live streaming and video-on-demand. This allows them to reach a wider audience and compete with other digital content providers."

      Covered on