San Francisco, CA – According to filings with the U.S. Securities and Exchange Commission, Bitmovin is raising $24,999,955.00 in new funding. Sources indicate as part of senior management Chief Executive Officer and Co-Founder, Stefan Lederer 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 Bitmovin

Bitmovin was founded in 2012 to solve a core need in the market – to create best in class video development solutions that enable customers to create memorable digital experiences, worldwide. As a company, our vision is to shape the future of video. We support this with our mission which is to enable to play, encode and analyze video content simply, efficiently and with the highest quality imaginable.

To learn more about Bitmovin, visit http://www.bitmovin.com/

Contact:
Stefan Lederer, Chief Executive Officer and Co-Founder
650-443-8956
stefan@bitmovin.com
https://www.linkedin.com/in/stefanlederer/

SOURCE: http://www.intelligence360.io
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