JumpStart Ventures

Assembly Line

ActionStreamer Raises Series A Funding To Accelerate Platform Development

πŸ“… Date:

πŸ”– Topics: Funding Event

🏒 Organizations: ActionStreamer, JumpStart Ventures

ActionStreamer, the market-leading media streaming platform for IoT devices announced today the close of its $2.4M Series A funding round, led by JumpStart Ventures through the Advanced Manufacturing Fund, managed with support from MAGNET. The Castellini Management Company, owners of the Cincinnati Reds, also co-invested in the round.

With the successful completion of Series A financing, ActionStreamer is poised to strategically deploy capital to accelerate the development of its patented comprehensive technology platform. The platform encompasses a robust API and SDK offering, reference hardware and applications, coupled with advanced cloud services. The platform enhancements will further advance ActionStreamer’s mission to unlock pioneering data streaming capabilities and media solutions that serve diverse enterprise markets, including the sports and entertainment, aerospace, and industrial sectors, as well as remote surveillance and monitoring.

Read more at PR Newswire