Beamr, the company that claims to reduce video file sizes by up to 50%, has announced the acquisition of Vanguard Video, the venerable encoding technology and solutions company. Beamr is not commenting on the deal size, only stating that they raised another funding round of $15M led by Disruptive Growth, with participation from their existing VC’s Marker, LLC and Eric Schmidt’s Innovation Endeavors fund.
Media +Technology Intelligence
