Sydney, Australia – Viocorp, the leading provider of cloud-based enterprise video solutions, today announced it has closed a round of funding from existing investors that commits an additional $3 million for 2016 growth acceleration, with $2 million provided by Bailador.
Viocorp CEO Greg Miner welcomed the news, “We are delighted to continue to partner with Bailador, Australia’s leading technology venture fund. Viocorp’s market growth over the past year has been phenomenal, and we’re capitalising on that momentum to enhance our product, expand our capabilities and scale our customer base. 2016 is set to be a very exciting year for our business.”
David Kirk, Co-founder and Partner at BTI commented “The team has done a great job developing and taking to market a globally competitive cloud based video management and delivery platform… Video is rapidly becoming adopted as the communications platform of choice for major corporates and government. We are delighted to be able to support Viocorp in the next stage of its growth.”
Viocorp has invested heavily in product innovation of it’s video platform Viostream to support the needs of the enterprise centred on flexible storage, security, on-network video delivery and application integration. This innovation and the inherent robustness of the platform has seen Viostream adopted as the default cloud video solution by major corporate and government organisations across Asia Pacific.
To read the full announcement that was released to the market today please click here.