Blackwave Closes $7 Million Series C Investment
Blackwave's integrated storage and delivery platform -- the Blackwave R6 -- allows Content Delivery Networks (CDNs), telcos, wireless network operators, content publishers and video aggregators to store and deliver video in multiple protocols from a single platform. This integrated infrastructure significantly lowers the capital and operational costs associated with high-quality IP video delivery to a large, concurrent audience. With this round of funding, Blackwave will expand its sales force internationally to respond to increased demand for its systems.
“This renewed investment, combined with the ongoing acquisition of a range of new customers and partners, signals the market‘s great confidence in our technology and our value proposition,” said Bob Rizika, Blackwave’s CEO.
A single rack of Blackwave‘s system enables storage and delivery of video and rich media via HTTP, Flash Media Server (FMS), and Windows Media Server (WMS) at a useable bandwidth of 30Gbps. This density, when combined with the system’s ease of installation, integration and management, results in a significant decrease in the capital expense and ongoing operating expense associated with building and scaling an IP video delivery solution.
One recently closed Blackwave customer will decrease its storage and delivery infrastructure from 20 racks of commercial equipment to two Blackwave system racks, dramatically lowering its ongoing operational expense while increasing its aggregate delivery capacity. Another customer, faced with the challenge of system expansion, chose Blackwave over an internally built solution. The company projects lowering expansion costs by 70% by enabling the customer to reduce its rack system needs from seven to one.
“Our due diligence process left us with great confidence in Blackwave,” said Jonathan Seelig, Managing Director of Globespan Capital Partners. “After close analysis and discussion with an array of their customers, we believe Blackwave meets the market's need for intelligent, scalable, high-performance video delivery infrastructure. We look forward to their continued success.”
About Blackwave
Blackwave builds storage and delivery infrastructure specifically designed to meet the unique requirements of Internet Video distribution. Integrating intelligent software with standard industry hardware, Blackwave Systems dramatically reduce the cost per video streamed or downloaded, increasing the profitability of video distribution for content owners and their delivery partners. For more information, please visit http://www.blackwave.tv/
Blackwave 개요
Blackwave는 인터넷 비디오 유통의 독특한 요건을 충족시킬 수 있도록 특별히 설계된 저장 및 전달 인프라를 구축한다. 지능형 소프트웨어를 표준 산업 하드웨어에 통합함으로써, Blackwave Systems는 극적으로 비디오 스트림 혹은 다운로드 비용을 절감하며 콘텐트 소유자와 그들의 유통 파트너들의 비디오 유통에 따른 수익을 증가시킨다. 자세한 정보는 //www.blackwave.tv/에서 확인할 수 있다.
웹사이트: http://www.blackwave.tv
연락처
Andrew Grant
Blackwave
(617) 821-4420
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