Camarillo, California, July 3, 2019 – Aperi, the pioneer of virtualized media production, has closed a round of funding of more than $10 million (USD) as it seeks to scale to meet the growing demand from customers for its unique range of services. Much of this investment has come from a group of global industry-focused venture capitalists led by software and cloud technology experts Merapar, and including Ocom, Manuardeo, Innov8on and Malvern Ventures LLC, which are drawn from the UK, USA, Europe and Asia.
Discussing the news, 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 realized.”
Thousands of Aperi microservers are used each day to enable service providers, content owners, rights holders and broadcasters to work faster, more efficiently, and at scale for the lowest-cost and most agile remote production. The combination of the true virtualization that it is able to offer, along with its unique V-Stack media hypervisor-based approach, delivers low-latency media processing for both centralized and de-centralized media networks.
Erwin van Dommelen, CEO of Merapar, which led this significant investment 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 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.
About Aperi Corporation
Aperi’s revolutionary open and software-defined technology is redefining live sports, entertainment and news productions on the world’s biggest stages. With Aperi’s IP-centric and FPGA-based media platform, service providers, content owners, rights holders and broadcasters can produce high-quality content faster, more efficiently and at scale for the lowest-cost and most agile remote production.
To learn more about Aperi Corporation, please visit www.apericorp.com and follow @apericorp on Twitter.
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