Quickplay has attracted another $45 million ($57 million Canadian) in capital from a set of investors.
The new infusion ups the amount of financing the company has attracted since it was founded in 2003 to $150 million.
Participants in the latest round were equity owner Madison Dearborn Partners, financing partner Orix Ventures and Difference Capital Financial.
Quickplay specializes in linear over the top (OTT) TV distribution, providing linear OTT as a managed service. It began offering the service about three years ago. It claims AT&T, Bell, and Telus among its clients.
The company said it is scaling its managed video platform, and also recently made a play to get into the LTE Broadcast (eMBMS) market with the acquisition of Roundbox, which supports both multicast and unicast delivery.
“Quickplay is reaching a scale that makes our platform the natural choice for multichannel video programming distributors and content providers to connect,” said Wayne Purboo, CEO and co-founder of Quickplay.
