Hive Streaming AB

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Hive Streaming AB - overview

Established

2007

Location

Stockholm, -, Sweden

Primary Industry

Software

About

Hive Streaming AB specializes in video communication solutions, enhancing the internal live video experience for organizations through its advanced technology, particularly in challenging network environments. Founded in 2007 in Stockholm, Sweden, Hive Streaming AB is focused on optimizing video streaming for enterprises. The company was co-founded by Johan Ljungberg and Sameh El-Ansary, who have extensive experience in video technology. Hive Streaming raised venture funding from Verdane Capital Advisors in February 2019.


Hive Streaming provides a comprehensive suite of solutions aimed at improving internal video communications. Its flagship product, the Hive VX Platform, is designed to optimize streaming performance, particularly in limited bandwidth situations. The platform offers features such as real-time video alerts, silent testing, and detailed analytics to enhance user engagement. Hive serves a diverse range of clients in North America, Europe, and Asia-Pacific, focusing on maximizing internal communications across various sectors.


In the most recent fiscal year of 2024, Hive Streaming reported a revenue of USD 15. 31 bn and an EBITDA of USD 1. 93 bn. The company operates primarily through subscription-based models, providing its enterprise clients with access to the Hive VX Platform and its suite of features.


Hive Streaming plans to launch new enhancements to the Hive VX Platform aimed at further improving video optimization and analytics capabilities. The company is also targeting expansion into additional markets in Europe and Asia by the end of 2025. The recent funding round from Verdane Capital Advisors in February 2019 will support these initiatives, allowing Hive to invest in product development and market entry strategies.


Current Investors

Primary Industry

Software

Sub Industries

Analytics & Performance Software, Music & Video Streaming Software, Digital Media

Website

www.hivestreaming.com

Verticals

Cloud Computing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

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