What
Broadcast quality video over cellular technology for live transmission in standard definition and high definition globally.
Disrupting
Traditional satellite broadcast model.
Source: Live U
Headquarters: Hackensack, N.J.
CEO: Samuel Wasserman
Year Founded: 2006
Number of Employees: 170
Funding: $50 million
Key Investors: Canaan Partners, Carmel Ventures, Pitango Venture Capital and Lightspeed Venture Partners
Vital Stats
- Over the past five years, has grown on average by several hundred percentage points per year, to the range of several tens of millions of dollars in 2012 revenue
- Expects to continue to grow by more than 50 percent per year over the next couple of years
- On the verge of profitability, but continues to make R&D and organizational investments in new products and verticals
- Deployed in more than 40 countries on five continents
- COO and Co-Founder Avi Cohen is the inventor of bonded cellular video transmission technology, and the co-author of the patent behind the technology
- Now a primary coverage option at events including the Olympics, Super Bowl, Oscars, Grammys and presidential campaigns
On Disruption
"To me disruption is to use unexpected new tools to fix customer pain points that have existed for a long time. Six years ago I went to a football game, and all I noticed were heavy satellite trucks outside. I started wondering why anyone would need this type of transmission when cellular data was coming of age. This is how LiveU started."
