Accel leads a $95 million financing round for Amagi, enhancing its capacity to deliver innovative streaming solutions amid the accelerating growth of digital content consumption.

Target Information

Accel has announced its continued partnership with Amagi by leading a financing round of $95 million. Amagi is an innovative technology company specializing in the delivery and monetization of streamed content. Established in India, the company is renowned for its behind-the-scenes technology that supports media entities in navigating the complexities of video content production and distribution.

Over the years, Amagi has emerged as a vital player in the streaming industry. By addressing several significant challenges faced by clients, the company provides solutions that enhance the creation, delivery, and monetization of streamed media. Amagi currently powers approximately 150 million hours of content monthly, serving over 40 countries with notable clients including NBC, Fox, Discovery, Tastemade, Roku, Vizio, and Samsung.

Industry Overview in India

The streaming video industry has witnessed remarkable growth in India, propelled by changing consumer habits and the increasing acceptance of digital media consumption. This shift has been further accelerated by the COVID-19 pandem