Aperi, IP media function virtualisation (MFV) solutions provider, has announced that it closed a round of funding worth more than $10m which is sought to scale in order to meet the growing demand in its industry.
Much of the investment has come from a group of industry-focused venture capitalists led by software and cloud technology experts Merapar, and including Ocom, Manuardeo, Innov8on and Malvern Ventures, which are drawn from the UK, USA, Europe and Asia.
Aperi microservers are used in remote production by service providers, content owners, rights holders and broadcasters. Aperi will use the new funding to expand its range of broadcast functions and grow its global presence.
Commenting on the announcement, Joop Janssen, CEO of Aperi said: “This demonstration of confidence in Aperi’s revolutionary open and software-defined technology will enable us to further expand our range of innovative broadcast functions, while continuing to grow our global presence. It arrives at a point where we have established ourselves as the trusted backbone of many premium sports productions and it’s safe to say that the vision of Brian Keane, Aperi’s co-founder and lead architect, has well and truly been realised.”
Erwin van Dommelen, CEO of Merapar added: “Since we first got involved in the business in 2016, we have been convinced by Aperi’s disruptive potential in the media infrastructure and live broadcast production markets. The recent speed of adoption of its software-driven low latency media processing platform has exceeded our expectations and shows that Aperi will play a significant leadership role in the future of live production.”
The first of the expanded range of broadcast functions are set to appear for the first time on its booth (2.C30) at IBC2019 in Amsterdam, which runs between September 13-17 before becoming available through Aperi’s App Store. Ahead of the show, Aperi will also reveal its involvement in several major sporting events taking place next year.