Livepeer

Performant and secure video streaming at a fraction of the cost.

New York, United States · Founded 2017 · $43.0M raised

Headquarters
New York, New York
Employees
11–50
Founded
2017
Business Model
B2B
Total Funding
$43.0M
Last Round
$3.0M SeedJan 2022
Rounds
3

About

Livepeer is an open, decentralized network for video computing that enables AI processing and transcoding jobs to power the future of video. Founded in 2017 by Doug Petkanics and Eric Tang, Livepeer provides infrastructure for live and on-demand video streaming built on Ethereum, allowing developers to build and scale real-time video applications at a fraction of traditional costs. The network is token-incentivized via the Livepeer Token (LPT), enabling orchestrators to provide GPU compute and delegators to stake tokens in exchange for rewards. Livepeer also developed Daydream, a generative AI video platform that converts live camera input into animated visuals from text prompts in real time.

Summary

Livepeer is a Crypto & Web3 company based in New York, United States, founded in 2017. It has raised $43.0M in total across 3 rounds, most recently a $3.0M Seed round in Jan 2022. Investors include Coinfund, BoxGroup and Alan Howard.

Tech & App Stack

3 technologies & apps tracked

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Funding History

Series BSeries BJan 2022
$20.0M

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Investors

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