
BitBand
Video content delivery and management systems provider.
Date | Investors | Amount | Round |
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- | investor | €0.0 | round |
investor | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | Acquisition | ||
Total Funding | 000k |
BitBand was a technology company specializing in advanced video content delivery solutions, particularly for video on demand (VoD) for IPTV. Founded in 1999 by a team with expertise in networking, telecommunications, and software/hardware development, the company established its headquarters and R&D center in Netanya, Israel.
The company's core product suite was designed for service providers and included the Vision audio-video server for network nodes, the Maestro content distribution and management suite, and a video client software package for end-user devices. In 2008, BitBand launched the Vision Ti4, a solid-state flash-based video server aimed at enhancing its Content Delivery Network (CDN) solution with higher streaming throughput and the flexibility of using off-the-shelf hardware. The firm's business model focused on providing these comprehensive on-demand solutions to a global client base, which included deployments for companies like TELE2 in Holland, Fastweb in Italy, and Swyazinvest in Russia.
Throughout its operation, BitBand raised a total of $18.5 million in funding over four rounds from investors such as Sequoia Capital, Apax Partners, and Ascend Technology Ventures. In November 2009, Motorola, Inc. announced its definitive agreement to acquire BitBand, a transaction that was completed in the fourth quarter of 2009. BitBand was integrated into Motorola's Home & Networks Mobility business, complementing Motorola's existing on-demand product line and expanding its capabilities in IPTV solutions and Over-the-Top (OTT) video services.
Keywords: video on demand, IPTV solutions, content delivery network, CDN, video streaming, content management systems, video server, Motorola acquisition, telecommunications hardware, video delivery solutions, network infrastructure, on-demand streaming, solid-state server, venture capital, technology acquisition