MeShare

About MeShare

Founded in 2014 by Kevin Wan, MeShare operates as a business-to-business Internet of Things (IoT) platform focused on enabling companies to integrate, launch, and manage video-streaming and connected device solutions. Wan, who holds a Ph.D. in Physics and previously co-founded Zmodo Technology Corporation, established MeShare to create an open cloud platform that simplifies IoT adoption for businesses of all sizes. The company is headquartered in Champaign, Illinois, with a research and development team in Shenzhen and an innovation lab in Silicon Valley.

MeShare provides a turnkey solution that allows clients to build and scale their IoT products and services without managing their own cloud infrastructure. Its core offering is an end-to-end platform that includes HD video streaming, cloud recording, web and mobile app development, and analytics. The business model operates on a Software-as-a-Service (SaaS) basis, generating revenue through recurring subscriptions and a revenue-sharing model where partners can offer complementary services from other platform participants. This ecosystem is designed for various markets, including smart home, security and surveillance, property management, and elder care.

The platform's key features include its capacity to handle high-volume video streaming, real-time alert delivery, and AI-powered analytics for object detection of people, animals, and vehicles. Clients can utilize these services to accelerate their time-to-market for new connected products. MeShare emphasizes security, employing 256-bit AES encryption for its cloud hosting and data transfers, and operates its own US-based data centers that have demonstrated 99.99% uptime. Since its inception, the company has secured $13.2 million in funding through multiple rounds, including a seed round in 2014 and a Series A in 2015. A significant milestone was achieved when MeShare was ranked #67 on the Inc. 5000 list of America's fastest-growing private companies, citing a three-year growth of 4799%.