Sources LiveU, Israel-Based Carlyle , Raises $400M Lunden TechCrunch
Sources LiveU, Israel-Based Carlyle , Raises $400M Lunden TechCrunch million in funding from The Carlyle Group, according to sources. This monumental achievement is a testament to the hard work and dedication of the LiveU team and demonstrates the potential of the company’s innovative technology. This article will explore the details of the investment, LiveU’s history, and the implications of the investment.
Summary of Investment
LiveU, a company based out of Israel, has recently secured $400 million in funding from The Carlyle Group, according to sources reported by TechCrunch. This monumental achievement is a testament to the hard work and dedication of the LiveU team and demonstrates the potential of the company’s innovative technology. The investment reflects The Carlyle Group’s confidence in LiveU’s technology and potential for growth. The $400 million investment is the largest single investment in an Israel-based company in the past four years.
LiveU is a video streaming technology company that specializes in providing reliable and cost-effective solutions for streaming live content to multiple outlets and devices. The company was founded in 2006 and has since become one of the leading providers of video streaming technology in the world. LiveU’s technology is used by media companies, broadcasters, organizations, and individuals to stream live content to audiences around the world.
History of LiveU
LiveU was founded in 2006 by CEO Samuel Wasserman and CTO Avi Cohen. The company is based in Israel and has offices in the United States, the United Kingdom, Japan, and China. LiveU’s technology enables users to stream live content from anywhere in the world with an internet connection. The company’s technology is used by media companies, broadcasters, organizations, and individuals to stream live content to audiences around the world.
LiveU has been recognized for its innovative technology, receiving multiple awards and accolades. In 2018, LiveU was named one of the “50 Most Disruptive Companies in the World” by Fast Company. In 2019, LiveU was recognized as one of the “Top 10 Most Innovative Companies in Video Streaming” by Streaming Media Magazine. LiveU’s technology has been used to stream some of the world’s most important news events, such as the 2018 FIFA World Cup, the 2019 Super Bowl, the 2020 U.S. Presidential Election, and more.
Implications of Investment
The $400 million investment from The Carlyle Group is a major milestone for LiveU and will have a significant impact on the company’s future. The investment reflects The Carlyle Group’s confidence in LiveU’s technology and potential for growth. LiveU plans to use the investment to expand its operations and continue innovating its technology.
The investment is also good news for the Israeli technology sector. The investment is the largest single investment in an Israel-based company in the past four years and is a testament to the strength of Israel’s tech industry. LiveU’s success demonstrates the potential of Israeli technology companies and could encourage more investments in the sector.
Conclusion
Sources LiveU, Israel-Based Carlyle , Raises $400M Lunden TechCrunch is a major milestone for the company and a testament to the strength of the Israeli tech sector. The investment is a reflection of The Carlyle Group’s confidence in LiveU’s technology and potential for growth. LiveU plans to use the investment to expand its operations and continue innovating its technology. The investment is a positive sign for the Israeli technology sector and could encourage more investments in the sector.
