NAB: mediaXstream Thinking Big With Early Deals

MediaXstream built out the first phase of its network in the country’s largest cities, including New York, Washington DC, Houston, Dallas, Chicago, Los Angeles and San Francisco. The operator is targeting cities in Florida, and New Orleans which will be linked to the Houston site in roughly 30 days, said Bothof. He said POPs will be added in London, Toronto and Montreal in June.

“The Net Insight switches are much less expensive that Cisco routers and utilize bandwidth better,” said Bothof, explaining why his new company chose to add the systems to its fast-expanding network.

He also was looking for a platform with the flexibility to support an array of video input types and the ability to map them to different types of content distribution transport paths, primarily for multicast video traffic.

Still mediaXstream wanted to offer more than just an optimized video transport network, which resulted in its purchase of Secure Media to add applications atop the fiber foundation. Terms of the deal were not disclosed.

“There are many companies to whom you can hand a huge bandwidth pipe that will ask, what do I dow ith this?” said Bothof. “We’re an applications company focused on media companies,” he added in reference to his company with Secure Media.

Secure Media provides solutions and services for the management of file transport and file sharing to enable the specialized workflows of the world's major film and television production centers. It provides such applications as remote editing and collaboration, and secure transmission of dailies and interim production files. The company is privately held and based in Los Angeles California.

“The MediaXstream DTM network offers a services platform with inherent qualities that film and production companies demand – security, native high definition transport, and high QoS reliability,” said Secure Media CEO Tom Kemp in prepared comments. “Film and production companies can simultaneously ensure quality of product while reducing the complexity of managing network implementations for each project.”

Early funding for mediaXstream likely made the acquisition possible. The company announced on March 31 that it closed a $10 million Series A round of funding, led by Constellation Ventures and joined by Columbia Venture Corp.

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