Qwilt News
23 articles
growth-negative
Alon Maor to remain advisor as company pivots strategy and trims workforce.
Qwilt, an Israeli high-tech company specializing in video acceleration, is undergoing significant changes. CEO and co-founder Alon Maor has stepped down to become an advisor, and the company has laid off 35 employees, reducing its workforce to around 110. Qwilt is exploring merger and acquisition opportunities to secure its next growth phase. The company, which has raised over $134 million, including a $70 million Series E round led by Cisco, is valued at approximately $800 million. Qwilts technology optimizes video content delivery by caching popular content closer to end users, improving streaming efficiency.
Management ChangesLayoffsAcquisition
Growth-Positive
Link Net, Qwilt & Cisco Team Up to Implement an Open Caching Solution
PT Link Net Tbk, a leading provider of fixed broadband internet and cable TV in Indonesia, is partnering with Qwilt and Cisco to deploy their Content Delivery Network (CDN) solution. This will improve the quality and delivery capacity of Link Net’s streaming applications to over 3 million homes across Indonesia. The partnership will allow Link Net to enhance its content delivery infrastructure and provide open API to content publishers. The deployment will initially reach 27 cities across Indonesia. Link Net has already partnered with several content publishers, including OTT streaming platforms such as CATCHPLAY+, CinemaWorld On Demand, HBO GO, Lionsgate Play, MOLA, Viu, and Vision+.
PartnersExpand
growth-positive
Vodafone deploys Qwilt and Cisco at edge to build content delivery network in Africa - Intelligent CIO Africa
Qwilt and Cisco announced a partnership with Vodafone to deploy their content delivery network across Africa. The deployment integrates Qwilt’s Open Edge Cloud for Content Delivery platform with Cisco’s edge compute and networking infrastructure, providing Vodafone with a telecommunication cloud platform for future CDN edge use cases. The solution will be embedded at the edge of Vodafones networks, improving the quality and responsiveness of streaming services for Vodafones customers. The service will initially be deployed in seven countries across Europe and Africa, with plans to expand further.
PartnersCustomersExpand
growth-positive
Telefonica and Qwilt partner to provide content delivery service
Telefónica and Qwilt have partnered to implement a content distribution system that combines both companies technologies. Through this alliance, Qwilt expands its coverage and delivery capacity in Spain by relying on Telefónica’s Content Distribution Network (TCDN). This project is the first commercial integration based entirely on Open Caching standards promoted by the Streaming Video Technology Alliance (SVTA), to which both companies belong. This partnership will facilitate the delivery of content from third parties through the two CDNs in a transparent manner, benefiting both from Qwilt’s global server deployment operation around the world and from the physical proximity of the TCDN to Telefónica customers.
Partners
growth-positive
Telefonica, Qwilt team on content delivery in Spain
Telefonica has partnered with Qwilt to expand its content delivery services in Spain. Qwilt will leverage Telefonica’s Content Distribution Network (TCDN) to increase its coverage and delivery capacity. The TCDN, which already delivers Movistar Plus+ content, has the highest capillarity and points of presence in Spain. The partnership will strengthen both Telefonicas TCDN and Qwilts delivery capacity, improving the end-user experience. This is the first commercial integration based entirely on open caching standards promoted by the Streaming Video Technology Alliance (SVTA), of which both companies are members.
PartnersExpand
growth-positive
Qwilt raises $70 million at $800 million valuation in Series E led by Cisco
Israeli company Qwilt has raised $70 million in a Series E funding round led by Cisco, bringing its valuation to $800 million. Qwilt has developed software that accelerates the streaming of live video and VOD broadcasts and reduces latency. The companys product is already integrated into Cisco solutions as part of a strategic partnership announced last year. Qwilts solution has been integrated into the streaming services of Disney+, as well as in the infrastructure of British Telecom, TIM of Brazil, Telecom Argentina, and other media giants. The company plans to recruit an additional 150 employees over the coming year.
InvestmentPartnersExpand
growth-positive
Qwilt תאיץ את העברת שידורי הוידאו של ענקית המדיה טלקום ארגנטינה - וואלה! כסף
Qwilt, in partnership with Cisco and strategic investment partner Digital Alpha, has announced a commercial partnership with Argentinian media giant, Telecom Argentina. Qwilts new software solution, based on an Open Caching model and embedded in Ciscos computing systems, will be integrated into Telecom Argentinas network infrastructure. This is Qwilts fourth collaboration with an international media giant since the outbreak of the coronavirus pandemic. The companys technology allows internet providers to significantly optimize their bandwidth usage and provides a direct connection with content producers.
PartnersCustomersExpand
growth-positive
Telecom Argentina Launching New Cisco, Qwilt and Digital Alpha CDN Solution to Improve Streaming Experience for Its Customers in Argentina
Telecom Argentina is partnering with Cisco, Qwilt, and Digital Alpha to deploy an Open Caching CDN solution. This new model for content delivery combines Qwilts CDN platform, Ciscos edge compute and networking infrastructure, and Digital Alphas funding. Telecom Argentina is the first service provider in Argentina to adopt this solution, which will help support increasing data volume and improve the streaming experience across its network. The partnership will also enable Telecom Argentina to become an active part of the content delivery value chain and drive new services revenue. The collaboration between the partners has resulted in a quick deployment plan, despite pandemic travel restrictions.
CustomersPartners
growth-positive
Meet the Israeli company that is revolutionizing Disney's streaming distribution
Qwilt, Inc., an Israeli company headquartered in San Francisco, has signed a substantial deal with Disney to integrate its software solution into the Disney+ streaming service. Qwilts technology will improve video-on-demand (VOD) and live broadcast continuity, enhancing the viewing experience for Disney+ subscribers. The companys solution, which employs algorithms to monitor network traffic and deliver content locally, has the potential to disrupt the content delivery network (CDN) market. Qwilt has also entered into collaboration agreements with tech giant Cisco and British Telecom. The deal with Disney is expected to generate tens of millions of dollars in revenue for Qwilt. The company has raised $100 million in funding from investors including Cisco Investments, Disruptive, and Innovation Endeavors.
PartnersCustomers
growth-positive
Qwilt partners with Cisco to tackle increasing video streaming demand
Qwilt has announced a commercial partnership with Cisco and investment firm Digital Alpha to integrate a new software solution for accelerating video streaming into Ciscos computer systems. British Telecom (BT) will be the first company to integrate this development into its infrastructure. The partnership aims to improve the quality of service for video streaming and meet the increasing demand for live streaming services. The new solution will allow internet providers to utilize their broadband more efficiently and establish a direct connection to content creators. Qwilts CEO estimates the global market for this solution to be valued at $8-10 billion per year. The partnership between Qwilt, Cisco, and Digital Alpha has the potential to change the economics of the internet and help service providers manage video traffic more effectively.
PartnersInvestment
Qwilt is building the Uber of content delivery networks
Qwilt to Scale Streaming Content for PTCL Light Reading
growth-positive
Qwilt Caches On at Verizon
Qwilts Open Caching platform is being deployed by Verizon Communications to improve streaming quality of experience (QoE) and support bandwidth-intensive offerings. Qwilts solution has already resulted in a 20% reduction in core traffic in markets where it is deployed. Qwilt has also partnered with other service providers such as Telecom Italia, Mediacom Communications, the Wi2 Division of KDDI, and Digicel. The article does not mention any specific customers, investment or acquisition amounts, layoffs, or management changes. The event described in the article does not have a specific date.
Customers
growth-positive
Israel's Qwilt Signs $25M Deal With Verizon
Israeli startup Qwilt has signed a $25 million, three-year deal with mobile giant Verizon to enhance and speed up video content.
Partners
growth-positive
http://www.marketwired.com/press-release/qwilt-chosen-spectranet-improve-streaming-video-quality-subscribers-across-india-2204307.htm
The global market for Automated Storage and Retrieval Systems (ASRS) is projected to reach $13 billion by 2030 due to the rising demand for automated material handling solutions. The ASRS market is expected to experience significant growth, favoring companies operating in this sector. The article does not mention any specific company.
CustomersPartners
Qwilt Opens Up at the Edge Light Reading
growth-positive
Wananchi opts for open caching from Qwilt
Kenyan pay-TV operator Wananchi has selected Qwilts open caching technology to optimize the delivery of OTT video for its subscribers across East Africa. By implementing Qwilts open caching solution, Wananchi has seen a significant improvement in average bit rate (ABR) and overall quality of experience (QoE) for end users. Qwilts technology caches and delivers popular video content locally at the subscriber edge, reducing the strain on the network and controlling infrastructure costs. This partnership allows Wananchi to build a more intelligent, resilient, and stable network to meet the increasing demand for OTT services in the region.
Customers
growth-positive
Qwilt and three6five Help Operators in Africa Ready Networks for Onslaught of Streaming Video Traffic
Qwilt has announced a technology partnership with three6five, a leading IP networking service integrator in South Africa, to improve over-the-top (OTT) streaming video strategies for service providers in Africa. The partnership will enable three6five to offer service providers in the region with Qwilts open cache solution as a leading strategy to address current challenges resulting from the growing demand for OTT. The recent launch of new video streaming services throughout Africa is dramatically increasing traffic on operator networks, and Qwilts open caching approach will help operators prepare their networks to handle the rapid growth in streaming traffic. Qwilts open cache solution is engineered specifically for high performance and scalable video delivery in the demanding environment of high capacity operator networks.
Partners
growth-positive
Qwilt Chosen by MyRepublic to Provide Users With Unmatched Streaming Video Viewing Experience
Qwilt has been chosen by MyRepublic, an ultra-fast Internet service provider in Singapore and New Zealand, to improve the quality of over-the-top (OTT) video service delivery. By deploying Qwilts open caching solution, MyRepublic was able to reduce transit costs, deliver live streaming video traffic efficiently, and significantly improve the quality of experience for customers. Qwilts solution analyzes traffic in real-time, caches and delivers popular content locally, minimizing network congestion and improving the viewing experience. MyRepublic plans to use Qwilts solution to expand into other markets in Southeast Asia. The article highlights Qwilts role in addressing the impact of OTT video on operator networks and its ability to optimize network infrastructure for online video content.
CustomersPartnersExpand
Qwilt Lands Additional $25 Million Because You Love Video on the Internets
growth-positive
Transparent Caching Equipment Vendor Qwilt Now Improves Live Video Streams
Qwilt, a caching equipment startup, is adding a new feature to improve network efficiency and video quality for live video streams. The company helps internet service providers handle the large amount of video flooding their networks by caching content closer to users. This benefits network providers, media companies, and consumers. Qwilt has signed up ISPs in Europe, Latin America, and the US to install its caching equipment. The company has primarily focused on on-demand video streaming but is now addressing the growing demand for live video streaming. Qwilt has raised $40 million in funding from investors including Bessemer Venture Partners, Accel Partners, Redpoint Ventures, and Marker.
CustomersPartnersInvestment
growth-positive
Online video delivery co Qwilt raises $16m
Qwilt Inc. has raised $16 million in its third financing round led by Bessemer Venture Partners. The company plans to use the funds to expand its international sales and engineering teams to meet the growing demand for its flagship product, the Qwilt QB-Series Video Fabric Controller. Qwilt has raised a total of $40 million since its founding in 2010. The companys technology helps operators increase network capacity and improve quality of service for customers at a lower cost compared to traditional network expansion. The investment from Bessemer and ongoing commitment from current investors validates Qwilts approach and momentum.
InvestmentExpand
growth-positive
Video infrastructure co Qwilt raises $24m
Qwilt Inc., a provider of pioneering video-infrastructure products, has raised $24 million in funding from Accel Partners, Redpoint Ventures, Crescent Point Group, and other investors. The company helps Internet-service providers deliver high-quality video more efficiently and cost-effectively. Video now represents about 40% of all Internet traffic and is projected to quadruple by 2015. Qwilt is headquartered in Redwood City, CA, and has its R&D center in Hod Hasharon, Israel.
Investment
