Restream raises US $50M for streaming broadcasts

Multiplatform live streaming tool Restream closed on US $50 million in a Series A funding round led by Sapphire Ventures and Insight Partners. The Austin-based startup also launched a service, Restream Studio, that lets customers broadcast live content to viewers across more than 30 social platforms.

San Francisco-based VC firm BITKRAFT Ventures closed on $165 million for a new fund focused on gaming, esports and interactive media. Previously, the firm built a portfolio spanning more than 50 companies across North America, Europe and Asia.


Berbix, a San Francisco startup that has developed an instant identify verification platform, raised $9 million in a Series A round led by Mayfield. Founded in 2018, the company uses machine learning techniques to instantly spot fraud, replacing a manual review process.

ACTO, an education and engagement platform for life sciences companies, closed on $11.5 million in a Series A funding round led by Resolve Growth Partners. Based in Toronto, ACTO works with more than 60 drug and medical device manufacturers on brand strategies and outreach tactics.