By using our website, you are agreeing to cookies being stored and Google Analytics being used on your device in order to offer the best possible service. You can find more information on thishere.
Austria.
Where Your Profits Grow Sky High.

Emmy award-winning video solutions

CEO and co-founder Stefan Lederer © Bitmovin

The provider of online video technologies was even honoured this year with the "Technology & Engineering Emmy® Award" of the National Academy of Television Arts and Sciences (NATAS). In the past years this renowned award for significant developments in the field of technical solutions has been granted to Apple, Adobe, Google and Netflix, amongst others. Today, the globally operating company Bitmovin with sites on three continents was initially launched in the federal province of Carinthia. The three founders, namely Stefan Lederer, Christopher Müller and Christian Timmerer, already worked together at the University of Klagenfurt to develop the MPEG-DASH video streaming standard. This standard is currently being used by YouTube, Netflix, ORF-TVthek, Flimmit and many other companies.

Bitmovin is currently striving to optimising the video streaming experience in the future, for example on the basis of smooth-moving image quality. The company has also specialised in further developing the standards for the measurement of the quality of perception. In April, the company announced that it concluded a $ 25 million Series C round of financing. This financing round was led by Swisscom Ventures, with ClimbVentures and the existing investors Atomico, Highland Europa and Constantia New Business also among the participants. The funding will be primarily used for innovation and the expansion of streaming solutions.

The market for online video streaming recently grew considerably, fuelled by the coronavirus pandemic. The video playback business implemented by Bitmovin rose by 118 percent, whereas the network traffic of videos on the Internet was up by 380 percent. Among the 400 global customers of Bitmovin are DAZN, BBC, RTL, the Red Bull Media House and the New York Times. Bitmovin has a staff of 150 employees. In the meantime, its official headquarters are located in San Francisco. However, the competence centre for research and development continues to be in Austria.

Continue reading and find out about the five reasons in favour of establishing a startup in Austria!

Read more:

Share on Facebook Share on Facebook Share on Twitter Share on Twitter Share on Linkedin Share on Linkedin

Testimonials

Events

Meet us at events, seminars and trade shows - worldwide.

  • Smart Manufacturing and Artificial Intelligence in Austria

    5.08.2021/15.00 CST (China Standard Time), Virtual Event

  • Meet us @ Belt and Road Summit Hong Kong 2021

    01.09-02.09 2021, Virtual Event

Austria Map

Find the perfect location for your company

Austria stands out due to its long-term reliable and stable conditions. These features are particularly important for a research-based company such as Boehringer Ingelheim. Furthermore, Vienna is a city with a good research infrastructure and a high quality of life, and is thus also an interesting place for highly qualified employees from Austria and abroad.

Boehringer Ingelheim

Logo
More testimonials

news from the business location Austria

Online real estate specialist Propster obtains fresh capital

A digital “all-round programme” for implementing real estate projects is offered by the Viennese startup Propster established in 2017.

4 Reasons for Evaluating Austria as the First Step for Internationalisation of Your Startup

Just recently the latest edition of the Austrian Start Up Monitor was published. The report, once again, shows that Austria has a very dynamic founder scene. Just think of Prescreen, mySugar, Bitpanda or Bitmovin; Austria has spawned numerous, internationally well-known flagships within the startup community.

More news All blog posts