Brooklyn New York based Livepeer is raising $20,000,000.00 in New Equity Investment.
Brooklyn, NY – According to filings with the U.S. Securities and Exchange Commission, Livepeer is raising $20,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Douglas Petkanics played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Livepeer
Livepeer is a platform for decentralized live video broadcast on the internet. By combining a blockchain based crypto-token protocol with sound economic incentives and an open media server, Livepeer will aim to deliver a broadcasting solution that is cheaper, more scalable, and more decentralized than existing platforms.
To learn more about Livepeer, visit http://www.livepeer.org/
Contact:
Douglas Petkanics, Chief Executive Officer
973-500-8884
doug@livepeer.org
https://www.linkedin.com/in/dougpetkanics/
SOURCE: http://www.intelligence360.io
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