Developer-focused video platform Mux accomplishes unicorn status with $105M funding

Developer-focused video platform Mux accomplishes unicorn status with $105M funding

Barely more than 8 months after announcing a $37 million financing round, Mux has another $105 million. The Series D was led by Coatue and values the business at more than $1 billion (Mux isn’t revealing the specific appraisal). Existing investors Accel, Andreessen Horowitz and Cobalt likewise participated, as did new investor Dragoneer. Co-founder and […] Co-founder and CEO Jon Dahl told me that Mux didn’t need to raise more funding.”We’re at the early days of a 5-or 10-year significant shift, where video is moving into being a first-rate part of every software application job, “he stated. Dahl argued that Mux is appropriate for this transition since it’s”a video platform for designers, “with an API-centric approach that results in faster publishing and trusted streaming for viewers. Its very first product was a monitoringand analytics tool called Mux Data, followed by its streaming video item Mux Video.

Mux raises $37M Series C as its API-based video-streaming service scales

Mux raises $37M Series C as its API-based video-streaming service scales

Today, Mux, a startup that supplies API-based video-streaming tooling and analytics, revealed that it has actually closed a $37 million Series C round of capital. Andreessen Horowitz led the round, that included participation from Accel and Cobalt. Prior to this financing round, Mux most just recently raised a roughly $20 million round in mid-2019. In total, […] Prior to this financing round, Mux most recently raised an approximately $20 million round in mid-2019. Mux Video is provided through an API, supporting both on-demand and live video for other business. The company’s aggregate income numbers are growing at a speed that Dahl described as 4x, while Mux Video’s earnings are growing at a speed of 8x, he said. …