About Masstech
Masstech is a Media & Entertainment company based in Richmond Hill (Canada) founded in 2001, and was acquired by Telestream in March 2021. Media asset management and workflow tools are provided for enterprises. Masstech has completed 1 acquisition, including PlayBox Technology. Its focus areas include Tech for Film & TV, Broadcasting, Media Production and Management and Media Asset Management.
Company details
Masstech was founded in 2001 and is based in Richmond Hill, Canada. Tools for media asset management, archiving, workflow automation, and transcoding are developed for the media and entertainment sector. Operations focus on enabling content to be saved, shared, and transformed. Customers are supported in monetizing assets across multiple platforms through these technologies.
- Headquarters Richmond Hill, Canada
- Stage Acquired
- SectorsMedia & Entertainment
- Website masstech.com
- Acquired by Telestream (Mar 2021)
- Latest Funding Round$136.74K (USD), Grant
Jul 2016
- InvestorsTelestream
& 2 more
- Investments & Acquisitions
- Acquired by
Funding Insights of Masstech
- Total Rounds 11
- Last Round Grant — $136,735
- First Round $749,995
(Jul 2008)
- Investors Count 1
Latest 10 of 11 funding rounds of Masstech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2016 | $136,735 | Grant | – | – | |
| Mar 2016 | $170,843 | Grant | – | – | |
| Aug 2014 | $164,916 | Grant | – | – | |
| Feb 2014 | $225,000 | Grant | – | – | |
| Sep 2013 | $150,000 | Grant | – | – | |
| Jul 2013 | $146,847 | Grant | – | – | |
| Aug 2012 | $580,472 | Grant | – | – | |
| Mar 2011 | $200,000 | Grant | – | – | |
| Jan 2011 | $349,946 | Grant | – | – | |
| Jul 2010 | $218,473 | Grant | – | – |
3 investors in total: 3 institutional.
Investors in Masstech
Masstech has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Telestream, HHS and FPE Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in software and data companies. | fpecapital.com | London, United Kingdom | ||
Public health and human services are overseen by HHS. | 1953 | hhs.gov | ||
Live and on-demand video streaming solutions are provided by Telestream. | 1998 | telestream.net | Nevada City, United States |
Investor details for Masstech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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Investments & Acquisitions by Masstech
Masstech has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PlayBox Technology.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
SaaS-based channel-in-a-box solutions are delivered for broadcasters. | playboxtechnology.com | Hatfield, United Kingdom | 1994 | Mar 2014 | •••• |
Complete acquisition details for Masstech
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Masstech
6 dated milestones of Masstech across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Masstech is founded.
- Funding First funding round of $750K.
- Acquisition Acquires PlayBox Technology.
- Funding Latest funding round, Grant, of $137K.
- Exit Acquired by FPE Capital.
- Exit Acquired by Telestream.
Web traffic of Masstech
Websites that share an audience with Masstech (masstech.com).
Websites whose visitors overlap most with Masstech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
iptvmagazine.com | iptvmagazine.com | 100% | – | ||
| counterp.com | 66% | View details | |||
 2.bp.blogspot.com | 2.bp.blogspot.com | 66% | – | ||
entone.com | entone.com | 66% | – | ||
| assia-inc.com | 66% | 2.5K | #7,642,612 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for Masstech
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- 7 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Masstech
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Frequently Asked Questions about Masstech
Masstech was founded in 2001 and raised its 1st funding round 7 years after it was founded.
Masstech is headquartered in Richmond Hill, Canada. It is registered at Richmond Hill, Ontario, Canada.
Masstech was founded in 2001 and is based in Richmond Hill, Canada. Tools for media asset management, archiving, workflow automation, and transcoding are developed for the media and entertainment sector. Operations focus on enabling content to be saved, shared, and transformed. Customers are supported in monetizing assets across multiple platforms through these technologies.
Masstech has made 1 acquisition, including PlayBox Technology.
Masstech has 3 investors. Key investors include Telestream, HHS, and FPE Capital.
Yes. Masstech was acquired by Telestream in March 2021.