Acquisition · Enterprise Software & IT

Amagi acquires US-based Streamwise

By Startup Enthusiast · 22 November 2022

What they do

Amagi provides an AI-powered cloud platform for broadcasters and content owners

It has acquired Streamwise, a US data platform for content distributors, for an undisclosed amount

The acquisition comes two weeks after Amagi raised $100M+ at a $1.45B valuation

Amagi has acquired Streamwise, a US-based data platform for content distributors.
The acquisition amount is undisclosed.
This is Amagi's first acquisition.
Streamwise CEO Doug Shineman will join Amagi to lead business development for a new analytics vertical.
The acquisition will let Amagi integrate proprietary and third-party data for unified analytics and actionable insights.
Amagi plans to offer Streamwise capabilities as a stand-alone offering first.
Later, it will integrate Streamwise with Amagi's product suite for a seamless subscription.

The acquisition comes about two weeks after Amagi announced a $100M+ investment from General Atlantic at a $1.45B valuation.
Amagi's FY21 revenue was ₹219.3 crore, up from ₹96.1 crore in FY20.
It turned profitable in FY21 with a net profit of ₹20.7 crore, versus a loss of ₹18.7 crore in FY20.

Amagi is an AI-powered media industry cloud platform for broadcasters, content partners, distributors, and advertisers.
It enables content owners to launch, distribute, and monetize live linear and on-demand channels across FAST and video services.
It supports 700+ content brands, 800+ playout chains, and 2,100+ channel deliveries across 40+ countries.
Clients include NBCUniversal, The Roku Channel, Vice Media, ABS-CBN, AccuWeather, and others.
Amagi NOW platform unifies workflows from ingest to ad insertion, powered by an agentic engine.
It delivers 9,000+ channels across platforms and 26B+ ad impressions annually through Amagi THUNDERSTORM.
It reaches 300+ streaming platforms and pay-TV operators from a single feed.
Amagi claims a 75% reduction in scheduling time with AI-driven channel programming.

Amagi plans to offer Streamwise capabilities as a stand-alone offering.
Later, it will integrate Streamwise with Amagi's product suite for a seamless subscription.

Qualcomm Ventures and Lingotto join Ultraviolette Series D22 November 2022 · Funding