Edgeware AB, a the Swedish streaming TV over the internet compoany, listed on the Swedish Stockholm NASDAQ exchange on December 9, 2016.
Edgeware provides a TV CDN (Content Delivery Network) platform specifically designed to solve the challenges of internet-delivered TV services. Between 2007 and 2015, the company’s net sales grew annually by an average of 41% and for the 12-month period ending 30 September 2016, Edgeware’s net sales amounted to 232 million SEK.
“Over the last few years TV, and the way we consume it, has started to change dramatically and the internet wasn’t built to solve the problems that come with that,” said Joachim Roos, CEO at Edgeware.
“The industry needed to find new ways to solve the problems, and that’s exactly what Edgeware was set up to do. And now we can build a hugely scalable distributed TV architecture that can deliver amazing TV experiences with minimal impact on the internet.”
“Scandinavian markets are an ideal testbed for new technologies like ours because the consumers tend to be early adopters of new technology,” explained Roos.
“But TV streaming over the internet has become mainstream very quickly, with virtually every part of the world facing similar challenges in streaming TV over IP networks at high scale and high quality.”
