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New Deal


Announced

Completed

Sapphire Ventures and Insight Partners led a $50m Series A round in Restream.

Financials

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Transaction Value£37m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Online and Social Platforms

Friendly

United States

Completed

Single Bidder

Acquisition

Domestic

live streaming platforms

Minority

Private

Venture Capital

Synopsis

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Investment firms Sapphire Ventures and Insight Partners led a $50m Series A round in Restream, a multiplatform live streaming solutions provider. "Long before remote work and life became the norm, Restream's multistreaming platform had become essential to many creators, companies, entertainers, influencers and anyone that needs to broadcast to wide audiences across social channels such as Twitch, Facebook, Twitter, YouTube, LinkedIn and more. In just a few years, co-founders Alex Khuda and Andrew Surzynskyi built a product that's become a valuable tool for content creators and marketers to maximize the audience for their live video. Accelerated by Covid, I believe Restream has a significant market opportunity, and I'm excited to partner together on the journey ahead," Paul Levine, Sapphire Ventures Partner.

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