Broadbus Technologies
Memory-based systems for delivering movies and television on demand.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
$181m Valuation: $181m | Acquisition | ||
| Total Funding | 000k | ||
Broadbus Technologies, founded in 1999, carved a significant niche in the video-on-demand (VOD) technology sector before its acquisition. The company was established by co-founders Jeffrey Binder and Robert Scheffler. Binder was a serial entrepreneur and technologist, while Scheffler was a leader in memory systems design and served as the company's Chief Architect. They embarked on their venture during the challenging tech bust of 2001, successfully navigating the difficult market to secure funding.
Broadbus developed solutions for on-demand video distribution, targeting communications service providers and large cable MSOs. Its business model centered on providing the hardware and software that enabled services like VOD, time-shifted television, and on-demand ad insertion. The company's flagship product was the B-1 system, a server architecture based on the intelligent management of dynamic random-access memory (DRAM) instead of traditional hard disks. This approach allowed the platform to consume less space and power while delivering enhanced performance and reliability for video streaming and storage. The system was capable of supporting over 15,000 simultaneous users, all with full DVR-like controls such as pause, rewind, and fast-forward.
Throughout its operation, Broadbus raised approximately $57 million from venture capital firms including Battery Ventures, Charles River Ventures, and Comcast Interactive Capital. By 2005, the company had become a market leader in Europe's VOD sector, securing a major contract with UPC, the continent's largest MSO. This success culminated in its acquisition by Motorola in September 2006 for $181 million. The acquisition was driven by Motorola's desire to integrate Broadbus's VOD technology into its own offerings, providing an end-to-end solution for content providers like Time Warner Cable and Comcast.
Keywords: video on-demand, VOD technology, content delivery network, streaming media, television on demand, Motorola acquisition, Jeffrey Binder, Robert Scheffler, DRAM server, video distribution, cable MSO solutions, on-demand ad insertion, network DVR, time-shifted TV, solid-state server, video ingest, video streaming, content management, switched digital video, media delivery