iSIZE Technologies graduates from inaugural Oxford CDL and raises 740k GBP from notable Silicon Valley angel and institutional investors

Date: 14/05/2020
iSIZE Technologies graduates from inaugural Oxford CDL and raises and pound;740k from notable Silicon Valley angel and institutional investors

Deep-tech company iSIZE Technologies has today announced the closure of its first seed funding round, raising a total of £740k from figures including Patrick Pichette, partner at Inovia Capital and ex- Google CFO; TD Veen AS, a notable Norwegian family office; and a number of other CDL investors. This round brings iSize total funding to date to over £1.3m.

The round was led by some of the leading tech investors of the inaugural Creative Destruction Lab programme at Oxford University’s Saïd Business School. iSIZE graduates the accelerator programme this month alongside only nine others, from over 250 applications, after an intensive nine-month programme.

iSIZE specialises in deep learning for video delivery and has developed a deep perceptual 'precoder' - a software solution that uses AI-trained to optimise visual quality in order to save video bitrate during encoding. Its flagship product, BitSave, available both as a SaaS platform at bitsave.tech and for on-premise use, reduces encoding bitrates by up to 40%, while at the same time enhancing video perceptual quality. This results in substantial data, energy and cost savings for both the company hosting the video and the end consumer.

Speaking after the round closed Pichette said: “Video capacity needs are exploding worldwide, with no end in sight for years to come. Managing capacity and costs are now becoming a strategic issue for many bandwidth providers, and iSIZE addresses this problem head on, with an innovative, amazingly elegant, platform agnostic solution. The results speak for themselves.”

CEO of iSIZE Technologies, Sergio Grce, added: “We are thrilled to have graduated from the CDL-Oxford and closed this seed funding round; our thanks to all our investors who see the potential of our technology to transform the world of streaming. Data centres contribute more global emissions than the aviation industry, and with lockdowns across the globe ever more people are turning to video content for entertainment or remote working. We are proud to be working with household names in the sector to reduce the strain on already-overburdened networks and cut the ballooning costs of the data centre and streaming industries.”

Board Advisor Paul Massara, ex-CEO of Npower, agreed with Grce: “I am very excited about the difference iSIZE can make to reducing both the cost and carbon associated with streaming, and glad to be involved on the Board. It is essential that we leverage advanced AI techniques to move to a low carbon economy, and the big data users should take note from a corporate social responsibility perspective.”

A leading investor in the round, CEO of TD Veen AS, Kjell Skappel concluded, “We often assume the internet is a solely virtual entity, but it has its roots in a very real chain of data centres, with very real energy and emissions costs. iSIZE’s solution is easy for tech giants to apply and brings significant benefits, so we are delighted to be part of bringing BitSave to a wider market.”

iSIZE now has its sights set on helping the giants of video streaming meet the challenges of an ever-increasing demand for high-quality video content; reducing the data cost of streaming video while simultaneously improving visual quality.

www.isize.co



Tags: iSIZE Technologies | Funding | Crative Destruction Lab Programme | video delivery | precoder | AI | Bitrate | Encoding BitSave | SaaS | on-premise | Cloud
Submitted by Manor Marketing (Manor Marketing)
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Audio Design Desk Announces Official Launch of its Award-Winning Audio Tools with Free Version for Creators Posted: 20/05/2020
Audio Design Desk Announces Official Launch of its Award-Winning Audio Tools with Free Version for Creators

Following the win of a NAB Future Best of Show Award, Audio Design Desk releases a free version of its revolutionary AI-assisted audio design tool with over 2,500 sound design elements, effects and music compositions to create cinema sound at the speed of thought.

 

 

 

 

 

Tags: Audio Design Desk
Submitted by Zazil Media Group
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Dalet Solutions Earn DPP 2020 Security Certification for Production and Broadcast Posted: 20/05/2020
Dalet Solutions Earn DPP 2020 Security Certification for Production and Broadcast

Dalet, a leading provider of solutions and services for broadcasters and content professionals, continues its commitment to the highest security standards, attaining the DPP Security Marks for Production and Broadcast under ‘The DPP Committed to Security’ program. The marks certify that all Dalet products and solutions are developed, configured and deployed according to stringent DPP cyber security best practices across R&D, code safety, and operational measures. As early adopters of DPP compliance and security initiatives, both Dalet, and Ooyala - now part of Dalet - have worked with the DPP on certification and security initiatives since 2014. The company also attained its ISO/SEC 27001:2013 certification in 2018, earning the highest level of security practices across Dalet internal development processes, its product line and its practices.

 

Tags: Dalet
Submitted by Zazil Media Group
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Calrec provides online demonstrations of Assist UI for virtual mixing Posted: 20/05/2020
Calrec provides online demonstrations of Assist UI  for virtual mixing

Expanding upon its online demonstration offers,Calrec is hosting virtual demonstrations of its Assist UI, a browser-based virtual console environment with multiple versions available for a variety of Calrectechnologies.

Calrec’s Assist Web UI provides users with a virtual desk, available on any device running Chrome as a browser, wherever in the world users are. Assist works over TCP/IP and has minimal control lag, making minor adjustments easy and quick. The demonstrations show Assist controlling a Type R core, with other variants of Assist able to control Calrec’s remote production technology RP1, the VP2 virtualised console, as well as Apollo and Artemis desks.

Tags: Audio | Calrec | IP | AoIP | console | Assist | virtual | software | demo | GUI
Submitted by Jump PR
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LiveU HEVC Technology Supports Unique Live Coverage of NASA Astronauts Journey to SpaceX Launch Pad for Historic Mission Posted: 20/05/2020
LiveU HEVC Technology Supports Unique Live Coverage of NASA Astronauts Journey to SpaceX Launch Pad for Historic Mission

LiveU is proud to assist NASA TV with transmitting live video of the journey of NASA astronauts Robert Behnken and Douglas Hurley on the SpaceX Crew Dragon spacecraft, lifting off on a Falcon 9 rocket from Launch Complex 39A at Kennedy Space Center on May 27th. The historic event marks the first time US Astronauts travel to the International Space Station from US soil in nearly nine years. The NASA TV crew will use a LiveU LU600 4K HEVC field unit to document the astronauts’ trip from the holding area to the rocket ship launch pad and subsequent launch. LiveU Matrix, the company’s IP content management and distribution solution, will power the worldwide distribution of multiple positioned pool cameras – provided by the Central Florida Media Committee – to cover the milestone launch.

Tags: HEVC | cellular bonding | content management | content distribution
Submitted by Jump PR
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Cinegy partners with US Broadcast to promote software-based solutions in North America Posted: 20/05/2020
Cinegy partners with US Broadcast to promote software-based solutions in North America

Cinegy, the global leader for broadcast playout software in the cloud has announced a new partnership with New Hampshire-based US Broadcast, a broadcast distributor that uses its channel marketing and technical skill sets to tailor sales for the North American market.

US Broadcast CTO Eric Pratt said, "US Broadcast is currently busy aiding resellers and customers with the technical challenges of connecting video and audio workflows, using our expertise in IP video and remote production to solve their problems. Lately, we’ve had an increase in enquiries with customers looking for help bridging the distance between contributors and production and we’re finding Cinegy’s software-based solutions are particularly relevant at this time.”

Tags: Cinegy | Broadcast Playout Software | US Broadcast | Workflows | IP | Remote Production | SRT | ingest | playout | Cinegy TV Pack | Cinegy Air PRO | Cinegy Titler | Cinegy Capture | Cinegy Multiviewer | Cinegy Live PRO IP Video Switcher | Cinegy Convert | Cinegy Player
Submitted by Manor Marketing
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Anevia Adds Multi-tiered Storage to its Cloud DVR Storage Offering Posted: 20/05/2020
Anevia Adds Multi-tiered Storage to its Cloud DVR Storage Offering

Anevia announces the addition of multi-tiered storage to its Cloud DVR storage offering, Embedded Distributed Storage (EDS). This new feature makes EDS even more cost-efficient and scalable while also enabling storage in the cloud – meaning the solution becomes both flexible and elastic.

TV service providers are increasingly enriching their VOD content and need to expand their storage capacity without a commensurate increase in the number of users. The original hyper-convergent design of the scalable, high-performance EDS calls for more servers to be added to increase streaming and storage capacity in parallel. Multi-tiered storage means it is now possible to also increase storage capacity independently of streaming capacity.

With only a small fraction of the VOD catalogue being consumed regularly, long-tail content can be stored more efficiently and cost-effectively on general-purpose ‘cold storage’ support used by the IT departments. This eliminates the need to buy new servers and the related software licences, cutting both the complexity and the cost of scaling for a given number of users.

The newly introduced feature also enables object storage, which opens up the possibility of storing in the public or private cloud. This brings the advantages of scalability, flexibility and elasticity.

 

 

 

 

Tags: Anevia | OTT software | IPTV software | video compression | multiscreen IPTV head-ends | Cloud DVR | CDN solutions | VOD | cloud-native content delivery network solutions | NEA-CDN | NEA-DVR | multiscreen solutions for the delivery of live TV | streaming video | time-
Submitted by Stylus Media Communications
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