MediaXstream
Despite the excitement around HD programming, traditional production and broadcasting needs for quality SD program delivery still keep the
About MediaXstream
MediaXstream, founded in 2008 and headquartered in Summit, NJ, provides high-quality transport and managed network services for the media production and broadcast industries. The company specializes in transporting digital and high-definition content in its native formats. Its client base includes TV and film production companies, mobile carriers, and other entities that generate and manage media content. In April 2008, MediaXstream engaged in a merger/acquisition with Secure Media Solutions. Subsequently, on December 15, 2009, the company was acquired by Hibernia Atlantic.
The firm operates an optical switching and Dynamic Transport Mode (DTM) network, addressing the growing demand for high-definition video networking and production services. As the industry shifts from analog to digital and from standard to high-definition, MediaXstream's infrastructure is positioned to support these transitions for large enterprises incorporating HD video into their operations. The integration with Hibernia Atlantic's network in North America and Europe was intended to expand market opportunities and product offerings.
A service under the name Caton Media XStream, described as a revolutionary IP transport solution powered by AI, is offered by Caton Technology. This service is designed for broadcast-grade quality and cost-effective real-time IP content delivery. It operates on Caton Cloud, a globally distributed cloud architecture, and leverages AI for traffic management to provide high reliability. The service is tailored for live sporting events, live performances, and interactive experiences, aiming to provide a seamless streaming experience for broadcasters and content providers. The technology integrates distributed cloud and AI to achieve high reliability and low latency for video quality. It is already in use by major media enterprises, such as carrying channels for CGTN from Beijing to Los Angeles.
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2009 | $0 | — | Hibernia Networks | — |
| SERIES A✓Equity / VC | Apr 2008 | $10M | $40M | Constellation Technology Ventures · Columbia Ventures Corporation | — |
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Investments and acquisitions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Constellation Technology Ventures
Columbia Ventures Corporation
Other known investors1 additional known investor
Hibernia Networks
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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