Velocix, founded in 2002 and headquartered in the UK, is a privately owned company with around 210 employees. It specializes in providing connectivity and distribution services, enabling buyers to record, store, stream (CDN), and monetize video and other media content. The company has developed modular software platforms that span cloud and on-premises networks, catering to the needs of its customers. In 2023, Velocix reported approximately $50 million in revenue, showcasing its position in the industry. Velocix operates as a subsidiary of Lumine Group.

2023 Revenue

Founded

2002

Headcount

208

Headquarters

UK

Primary Segment

Connectivity and distribution services

Ownership

Privately Owned

Deployments

24

News Summary:

Velocix, a provider of carrier-grade cloud TV software, announced its participation at IBC2024 (booth 5.F36) to showcase its latest technology for smarter and more efficient streaming. The company will present its hybrid-cloud streaming portfolio, which utilizes AI technology and content steering for advanced multi-CDN delivery. Velocix's hybrid-cloud streaming platform, built on its market-leading CDN and Origin software, aims to optimize the efficiency of live VOD and nPVR services by combining the scalability of cloud caches with the cost-effectiveness of on-premises caches and streaming.

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Velocix offers 5 products in the media tech industry. Velocix's product portfolio comprises of connectivity and distribution services, video data and analytics and video processing and playout.
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Velocix's revenues were less than $100M in 2023. 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 pay TV services companies. Examples of Velocix's customers include Vodafone, Deutsche Telekom and Sky Group.

Example Customers

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