Teltoo, a startup focused on bringing scale to OTT-delivered live video services, has moved to the U.S. and opened a headquarters in Boulder, Colo.
The company, which will continue to keep its technical team based in Madrid, Spain, said it has also raised a round of funding. The amount has not been disclosed, but the company confirmed that Liberty Global is among Teltoo’s financial backers.
The move to Boulder also follows Teltoo’s involvement in UpRamp’s “Fiterator” program. That initiative, run by the CableLabs-backed startup accelerator, enables its selections to get exposure with cable operators alongside guaranteed commercial deals. In exchange, UpRamp gets a small equity stake (typically in the form of warrants) in the startups selected for the program.
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Teltoo completed the Fiterator program late last year.
Being in Boulder will keep Teltoo close to CableLabs, which is based in nearby Louisville, a growing tech startup community that has found a home in the Denver area, as well as content delivery companies such as CenturyLink (which now owns what used to be Level3 Communications, based in Broomfield), and Fastly, which has a presence in the Mile High City.
“Overall, we saw this was a good place to be,” Teltoo co-founder and CEO (and a former HP employee) Pablo Hesse said.
Teltoo, he said, has started a search for a COO and another sales exec to be based in the Colorado office.
Teltoo is focused on a software-driven, distributed architecture that can scale and improve the performance of live video streaming while also helping service providers conserve bandwidth. Per an earlier discussion with the company, Teltoo’s approach involves a small piece of JavaScript that is installed on the partner’s streaming video player for web browsers, mobile devices and even TV-connected devices. Working in tandem with servers, the platform manages the connections while a live stream is being delivered.
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Liberty Global and RTVE, Spain’s state broadcaster, are among those that have been working with Teltoo in the early going.
