About Quortex
Quortex is a company based in Cesson-sevigne (France) founded in 2018 by Marc Baillavoine, Jerome Vieron, Julien Villeret, and Thierry Trolez was acquired by Synamedia in July 2022. It operates as a SaaS (Software-as-a-Service), and Pay-per-Use / Usage-Based. Quortex has raised $2.81 million across 1 funding round from investors including Synamedia, GO CAPITAL and Elaia. Quortex offers products and services including Quortex Play, Quortex Link, Quortex PowerVu, and Quortex Switch. Quortex operates in a competitive market with competitors including TVU Networks, Brightcove, Broadpeak, Synamedia and Future Today, among others.
- Headquarter Cesson-sevigne, France
- Founders Marc Baillavoine, Jerome Vieron, Julien Villeret, Thierry Trolez
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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- Legal Name Quortex Société Par Actions Simplifiée
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Products & Services of Quortex
Quortex offers a comprehensive portfolio of products and services, including Quortex Play, Quortex Link, Quortex PowerVu, and Quortex Switch. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Live video streaming is delivered at scale efficiently.
B2B video streams are distributed globally via cloud.
Secure video content is distributed across multiple networks.
Streaming costs are optimized through intelligent traffic steering.
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Funding Insights of Quortex
Quortex has successfully raised a total of $2.81M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.81 million completed in June 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.8M
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First Round
First Round
(18 Jun 2020)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2020 | Amount | Seed - Quortex | Valuation | Elaia , GO CAPITAL |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Quortex
Quortex has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Synamedia, GO CAPITAL and Elaia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on early-stage investments
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Private equity investments are directed toward multiple sectors.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Quortex
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Quortex
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Quortex Comparisons
Competitors of Quortex
Quortex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TVU Networks, Brightcove, Broadpeak, Synamedia and Future Today, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
IP-based video solutions for live media production workflows are provided.
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Video hosting and streaming platforms are provided for businesses.
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Video streaming solutions for content delivery and monetization are provided.
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Video distribution solutions are delivered through a cloud-based platform.
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Video distribution solutions provider
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Multi-screen IP video delivery and monetization solutions are provided.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quortex
Frequently Asked Questions about Quortex
When was Quortex founded?
Quortex was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Quortex located?
Quortex is headquartered in Cesson-sevigne, France. It is registered at Cesson-sevigne, Ille-et-vilaine, France.
Who is the current CEO of Quortex?
Marc Baillavoine is the current CEO of Quortex. They have also founded this company.
Is Quortex a funded company?
Quortex is a funded company, having raised a total of $2.81M across 1 funding round to date. The company's 1st funding round was a Seed of $2.81M, raised on Jun 18, 2020.
What does Quortex do?
Quortex is engaged in providing cloud-based video delivery solutions. The company operates within the technology sector, focusing on SaaS platforms for live video streaming and distribution. Its offerings include Quortex Play for scalable streaming, Quortex Link for B2B video delivery, Quortex PowerVu for secure distribution across networks, and Quortex Switch for multi-CDN management. Solutions are tailored to meet diverse needs, from event-based to 247 operations, with flexible pricing models.
Who are the top competitors of Quortex?
Quortex's top competitors include TVU Networks, Future Today and Broadpeak.
What products or services does Quortex offer?
Quortex offers Quortex Play, Quortex Link, Quortex PowerVu, and Quortex Switch.
Who are Quortex's investors?
Quortex has 4 investors. Key investors include Synamedia, GO CAPITAL, Elaia, and Unexo.