Today s streaming industry growth is being fueled by both increased demand for traditional OTT streaming as well as expansion into new corporate and creator use cases. These latter use cases in particular are driving providers like Wowza to adapt and make video streaming more accessible through easier, more affordable, and more flexible implementations.
CEO David Stubenvoll says the investment from Clearhaven Partners will let Wowza accelerate innovation and growth, and possibly even open new offices, without the restrictions and hassle of being a listed company.