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

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.