Kurento Technologies
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Kurento Technologies - overview
Established
2010
Location
Madrid, -, Spain
Primary Industry
Software
About
Kurento Technologies develops open-source multimedia processing solutions for real-time communication. Its innovative platform enables developers to build rich media applications across various sectors, enhancing user interactions and communication capabilities. Founded in 2010 and headquartered in Madrid, Spain, Kurento Technologies specializes in multimedia processing solutions for web and mobile applications. The company was acquired by Twilio in September 2016 for USD 8.
5 mn, marking a strategic shift towards integrating advanced media capabilities into Twilio's offerings. The acquisition is part of Twilio's broader strategy to enhance its communications platform with robust media processing features. Kurento Technologies offers an open-source WebRTC media server and various multimedia frameworks that enable developers to build rich multimedia applications. Their solutions cater to diverse sectors, providing capabilities for video conferencing, streaming, and augmented reality applications, ensuring a seamless integration of audio and video functionalities in real-time communications.
Kurento Technologies operates on a pay-as-you-go pricing model, generating revenue through subscriptions for its media processing solutions. The company allows clients to leverage its APIs to create tailored multimedia applications, with billing typically occurring on a monthly basis based on service usage, ensuring a consistent revenue stream. Following its acquisition by Twilio in 2016, Kurento Technologies plans to expand its product offerings and target new geographic markets. The recent funding will support the development of new multimedia capabilities within Twilio's platform, with an emphasis on enhancing real-time communication features.
The company aims to further penetrate markets in North America and Europe by 2025, enabling businesses to adopt advanced multimedia solutions more effectively.
Current Investors
Amazon.com, Inc., Twilio Inc.
Primary Industry
Software
Sub Industries
Web Development, Music & Video Streaming Software, Browser Software & Plug-ins
Website
www.kurento.org
Company Stage
Add-on
Total Amount Raised
Subscriber access only

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