$1.1 Million in Seed Funding
On August 30, 2016, Greta the swedish startup quietly disrupting the Content Delivery Network (CDN) market received $1.1 Million in seed funding. The young company already boasts an impressive list of angel investors including Jan Erik Solem,founder Polar Rose and Mapillary, Hampus Jakobsson, founder TAT and Brisk, Jeremy Yap and now new VC BlueYard Capital has also become a backer. Launched late last year, Greta has developed tech that is able to calculate the most efficient route for site content, such as images and video, and deliver it via traditional server and CDN providers or Greta’s own peer-to-peer solution, based on whichever of the two will provide the best experience for end users.
Greta is a distribution script that uses WebRTC to distribute data directly between concurrent users of a site or service. It is available as standard script and also in customizable format.
You can find more information on Greta’s funding on TechCrunch.