Media production start-up Aperi secures investment of more than $10m

4 Jul 2019

Aperi CEO Joop Janssen. Image: Aperi

Aperi lands new funding as CEO says the company’s vision has been realised.

Aperi, Latin for ‘open’, is an IP media function virtualisation (MFV) solutions provider, founded in California in 2013. It was set up with the vision of providing software-defined, real-time media processing through open, standards-based solutions to broadcasters, content owners and providers.

One of Aperi’s main functions is to offer flexible and efficient video infrastructure that is supported on multiple modes of consumption, in a world where an increasing number of people are transitioning from primarily using televisions to watching video content on mobile devices.

Yesterday (3 July) Aperi announced that it closed a round of funding worth more than $10m, which it sought to scale in order to meet the growing demand in its industry.

According to Aperi, the majority of that $10m has come from a group of global industry-focused venture capitalists led by software and cloud technology expert Merapar and including Ocom, Manuardeo, Innov8on and Malvern Ventures – a range of companies operating in the UK, the US, Europe and Asia.

Future of live broadcasting

Aperi’s CEO, Joop Janssen, 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.”

At the International Broadcasting Convention (IBC365), which takes place in Amsterdam later this year, Aperi is set to debut its expanded range of broadcaster functions at its booth. These new functions will later become available through Aperi’s app store.

Aperi is also set to announce its participation in several major sports events taking place in 2020 before its show at IBC365.

Kelly Earley was a journalist with Silicon Republic