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Decentralized video infrastructure platform Livepeer raises $8M Series A

Danny Crichton
Decentralized video infrastructure platform Livepeer raises $8M Series A

Video is the core entertainment medium of the web. Platforms like YouTube, Twitch, Netflix and more deliver millions of hours of videos to hungry consumers every day, and those deliveries will only intensify as video games move increasingly to streaming models. The largest platforms employ hundreds of video encoding specialist engineers to optimize the transcoding and delivery costs of their product, while also paying millions either for their own cloud infrastructure or to AWS or Google Cloud.