Edge invests in OTT video distribution platform Airbeem

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Edge invests in OTT video distribution platform Airbeem2018-05-24T11:51:49+00:00

Project Description

HMT LLP undertook financial due diligence for Edge Investments on their investment in UK-based “over-the-top” video distribution software Airbeem.

Based in London, Airbeem provides software which enables content owners to publish and monetise their digital video content direct to consumers. Its turnkey solution for the middle market provides an end-to-end solution between content owners and consumers, offering easy and affordable ways for publishers delivering their digital content to drive various monetisation models and create a compelling user experience around that content.

Backed by an experienced management team, Airbeem’s platform is technically sophisticated while accessible to smaller, medium and larger publishers and content owners, offering great potential to scale.

Edge’s investment will be used to grow operations and roll out the platform through increased sales and marketing activity.

HMT undertook financial due diligence on this transaction.

Steve Carle, Investment Director at Edge commented:

 “Once again, Paul and his team at HMT have proven first rate at providing us with tailored, insightful financial due diligence.”

Paul Read commented:

“We are delighted to have advised Edge on yet another transaction this year. The video content sector is expanding rapidly and with the management team and Edge’s experience, Airbeem is in a good position to become a leader in its market.”