Bitmovin raises $30M Series B for ‘next-gen’ online video software

Thx folks, it has been a awesome ride so far. That's only possibly due to the great Bitmovin team. (I'm one of the cofounders)

Congrats, but I never understood why they don&#x27;t build their own storage and CDN solution. Infrastructure is hard, especially operating a video cdn, but focusing on a video player, that is easily replaced with another solution or an encoding service that can be build inhouse way cheaper are (for me personally) no selling points.<p>But apparently that&#x27;s enough :)

Funny how they already support the AV1 encoding but neither the encoding is finished nor the hardware implementation is done.

It&#x27;s always interesting to see how local startups succeed internationally (especially the ones founded in such rural areas as Carinthia).<p>Also I just recently was at a talk with one of their engineers and learned how they scaled their monitoring services; quite fascinating...<p>Keep up the great work (and see you at the next OpenTechTable).

Hopefully they start offering a free tier soon (dev-type). Always nice to have, and by letting devs use it in personal projects, they often carry the API experience and preference to their jobs.

Pied Piper has got some serious competition!

Interesting if &#x27;Bit&#x27; prefix has helped?