Ex-Facebook and Disney execs get new funding for video platform

Live video infrastructure platform 100ms has announced a $4.5M seed round of funding led by Accel with participation from Strive.vc.

100ms provides infrastructure that allows any company to add video conferencing inside their app within hours. It was founded by the team that built live video infrastructure powering billions of video minutes a day at Facebook and Disney. 

Kshitij Gupta, Aniket Behera and Sarvesh Dwivedi launched 100ms in October 2020 with a view to democratise access to live video infrastructure for everyone.

Having operated in beta for a long period, they launched SDKs that allow developers to add Zoom-quality video to their apps in hours, instead of months.

The market for live audio/video infrastructure services is forecast to grow from $4.2B in 2019 to $17.7B in 2024. The rapid growth is being driven by enterprises across industries who are unbundling Zoom - edtech, telehealth, retail, gaming, fitness, social networks, virtual events.

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