TuCodec
TuCodec focuses on audio and video compression, transmission and analysis algorithm.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
| investor | €0.0 | round | |
N/A | Series A | ||
| Total Funding | 000k | ||
Based in Nanjing, China, TuCodec was founded in 2016 to develop image and video file compression services. The company utilizes artificial intelligence algorithms, such as image segmentation and compression, to enhance the compression efficiency of media files. This approach is designed to reduce bandwidth costs for businesses with significant video-related operations.
The company operates in the business-to-business software market, specifically within the artificial intelligence and machine learning vertical. Its core offering is a file compression service that improves how images and videos are stored and transmitted. By leveraging deep learning, the technology aims to provide superior compression without a significant loss in quality.
TuCodec has successfully navigated the early stages of venture financing, securing capital across multiple funding rounds. The company's first known funding was a Seed round in May 2018. This was followed by a Series A round on January 7, 2019, which attracted participation from five investors, including GSR Ventures, Newgen Venture Partners, and Vertex Ventures. Keywords: image compression, video compression, deep learning, artificial intelligence, machine learning, bandwidth reduction, file compression, Nanjing, China, enterprise software, B2B, computer vision, data compression, video processing, media technology, cloud cost optimization, digital asset management, streaming technology, SaaS