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IPO · Enterprise Software & IT

Amagi files for IPO after 18 years

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Date
Company
Amagi
What it does
Streaming infrastructure software
Kind
IPO
Sector
Enterprise Software & IT

What they do

Amagi builds software for creating, delivering and monetising streaming TV channels

What happened

The 18-year-old company has filed for an initial public offering (IPO)

Why it matters

It started as an ad-tech firm for cable TV and pivoted to global streaming infrastructure

The details

  • Amagi has reached an IPO milestone after 18 years of operations.
  • The company was founded by Baskar Subramanian, Srini and Srividhya Srinivasan.
  • It started as an India-focused advertising geo-location business for cable TV.
  • Later it pivoted to global infrastructure software for streaming.
  • Amagi's tools help create channels, deliver content across devices, understand audiences and generate revenue.
  • It serves 400+ customers globally across more than 40 markets.
  • The team spans more than a dozen countries.

The bigger picture

  • The IPO comes after nearly two decades of building the business.
  • Investor Accel supported Amagi through its India and US teams.
  • The company has grown from cable TV ad-tech to a global streaming platform.

About the business

  • Amagi builds software for creating, delivering and monetising streaming TV channels.
  • Its Amagi NOW platform unifies ingest to ad insertion.
  • Amagi Intelligence is an agentic engine that automates workflows.
  • The company has delivered 9,000+ channels across platforms.
  • Its AI tools reduce scheduling time by 75%.
  • Amagi THUNDERSTORM handles 26B+ ad impressions annually.
  • A single feed can reach 300+ streaming platforms and pay-TV operators.
  • Customers include broadcasters, content partners, distributors and advertisers.
  • Examples of customers are NHL, Mark Garner (EVP/Global Head of FAST Channels) and Ari Brock (VP Digital Operations).

The deal

Type
ipo

Investors

  • Accel (existing) — Supported Amagi through its India and US teams.

Founders

  • Baskar Subramanian, founder
  • Srividhya Srinivasan, founder
  • Srini, founder

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