Velocix, a privately-owned UK-based company founded in 2002, provides connectivity and distribution services. With approximately 210 employees, the company reported revenues of around $50 million in 2023. Velocix's core offering consists of modular software platforms designed for cloud and on-premises networks, enabling clients to manage the recording, storage, streaming (via content delivery network or CDN technology), and monetization of video and other media content. It is a subsidiary of Lumine Group.

2024 Revenue

Founded

2002

Headcount

208

Headquarters

UK

Primary Segment

Connectivity and distribution services

Ownership

Privately Owned

Deployments

24

News Summary:

Velocix and Verimatrix announced a strategic partnership on an unspecified date to help streaming providers combat piracy, increase paid video subscriptions, and reduce content delivery network (CDN) costs. This collaboration aims to detect, deny, and prevent unauthorized use of CDN capacity by third parties, also known as CDN leeching. The partnership was highlighted at an event for Velocix, a carrier-grade CDN software provider, where AI analytics, secure streaming, and hybrid cloud services were also discussed. Multiple announcements regarding this partnership were made, focusing on the combined ability to fight piracy and improve the economics of streaming services.

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Velocix offers 5 products in the media tech industry. Velocix's product portfolio comprises of video data and analytics, connectivity and distribution services and video processing and playout.
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Velocix's revenues were less than $50M in 2024. Caretta Research has split Velocix's revenue into 5 different product categories, the largest of which is media Content delivery networks (CDNs). For full access to Velocix's revenue breakdown subscribe to Caretta Portal.
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Velocix's customers primarily consist of telecoms and telecoms services companies. Examples of Velocix's customers include Deutsche Telekom, Vodafone and Sky Group.

Example Customers

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