Conviva
Total amount raised
$59 Millions
Latest funding date
February, 2012
Conviva
Location
Title
Conviva has successfully raised $59 million over four funding rounds, positioning itself as a key player in the video, analytics, optimization, and video streaming markets. The platform offers real-time performance analytics, connecting user engagement, experience, and system performance data from all users and devices.
Keep reading to explore the intricacies of Conviva's fundraising journey and the investors backing this innovative platform.
What Is Conviva?
Conviva, founded in 2006, is headquartered in San Mateo, California. The company was established by Hui Zhang and Wen-Siung Liao.
Specializing in real-time performance analytics, Conviva's Operational Data Platform connects user engagement, experience, and system performance data from all users and devices. This helps businesses enhance their video streaming services.
With a team of 201-500 employees, Conviva continues to innovate in the video, analytics, optimization, and video streaming markets.
How Much Funding Has Conviva Raised?
- Series A
- Amount Raised: $9,000,000
- Date: April 2007
- Lead Investors: Foundation Capital
- Motivation Behind the Round: To develop the initial product and build the core team.
- Series B
- Amount Raised: $20,000,000
- Date: August 2008
- Lead Investors: Pelion Venture Partners, Foundation Capital
- Motivation Behind the Round: To scale the platform and expand market reach.
- Series C
- Amount Raised: $15,000,000
- Date: September 2010
- Lead Investors: New Enterprise Associates (NEA), Foundation Capital
- Motivation Behind the Round: To enhance technology and support growing customer base.
- Series D
- Amount Raised: $15,000,000
- Date: February 2012
- Lead Investors: Not specified
- Motivation Behind the Round: To further innovate and maintain competitive edge.
Conviva has raised a total of $59 million across four funding rounds. The current valuation is $200 million (~estimated).
Key Investors
- Foundation Capital
- Details: Foundation Capital is a venture capital firm that has been investing in early-stage companies since 1995. They focus on helping startups grow into successful businesses.
- Investment Focus Areas: Fintech, enterprise software, consumer technology
- Notable Investments: Netflix, LendingClub, Sunrun
- Pelion Venture Partners
- Details: Pelion Venture Partners is a venture capital firm that invests in early-stage technology companies. They have a history of supporting innovative startups.
- Investment Focus Areas: SaaS, cloud infrastructure, cybersecurity
- Notable Investments: Red Hat, Riverbed Technology, Cloudflare
- New Enterprise Associates (NEA)
- Details: NEA is one of the world's largest venture capital firms, with a focus on helping entrepreneurs build transformational businesses. They have been investing for over 40 years.
- Investment Focus Areas: Healthcare, technology, energy
- Notable Investments: Robinhood, Coursera, Uber
- Time Warner Investments
- Details: Time Warner Investments is the venture capital arm of Time Warner Inc., focusing on strategic investments in media and entertainment companies. They aim to support the growth of innovative content and technology.
- Investment Focus Areas: Media, entertainment, technology
- Notable Investments: Maker Studios, Mashable, Refinery29
- Gleacher & Company
- Details: Gleacher & Company is an investment banking firm that provides strategic advisory services and capital markets expertise. They have a strong focus on mergers and acquisitions.
- Investment Focus Areas: Financial services, technology, healthcare
- Notable Investments: Not specified
What's Next for Conviva?
Conviva stands at the cusp of significant growth opportunities, driven by the increasing demand for real-time performance analytics in video streaming. The platform's ability to enhance user engagement and system performance positions it well to capitalize on industry trends. As businesses seek to optimize their streaming services, Conviva's technology can play a pivotal role in reducing operational costs and improving user experience.
Given the vast potential, future fundraising rounds could be on the horizon to support further innovation and market expansion. However, challenges such as maintaining competitive edge and navigating technological advancements will require strategic planning. Conviva's focus on continuous improvement and adaptation will be crucial in overcoming these hurdles.
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