About Wolftech
Wolftech is a company based in Bergen (Norway) founded in 2011 by Tom Reiertsen and Robert Strand was acquired by Avid Technology in October 2024.. Wolftech offers products and services including News, Production, and Live. Wolftech operates in a competitive market with competitors including Avid Technology, LiveU, Amagi, TVU Networks and Telestream, among others.
- Headquarter Bergen, Norway
- Founders Tom Reiertsen, Robert Strand
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Wolftech Broadcast Solutions As
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Avid Technology
(Oct 07, 2024)
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Products & Services of Wolftech
Wolftech offers a comprehensive portfolio of products and services, including News, Production, and Live. 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.
Real-time system for managing stories, timelines, and content delivery.
Web-based tool for timelines, tasks, and media production support.
Platform for curating and broadcasting created content worldwide.
Funding Insights of Wolftech
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Wolftech
Wolftech has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Avid Technology. 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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Software is provided for managing, distributing, and monetizing media content.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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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 Wolftech
| 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 - Wolftech
| 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 |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wolftech Comparisons
Competitors of Wolftech
Wolftech 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 Avid Technology, LiveU, Amagi, TVU Networks and Telestream, 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 |
Software is provided for managing, distributing, and monetizing media content.
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| domain | founded_year | HQ Location |
Live video transmission solutions provider
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| domain | founded_year | HQ Location |
Cloud solutions for broadcast, streaming, and advertising industries are provided.
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| domain | founded_year | HQ Location |
IP-based video solutions for live media production workflows are provided.
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| domain | founded_year | HQ Location |
Live and on-demand video streaming solutions are provided by Telestream.
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| domain | founded_year | HQ Location |
Cloud-based tools for media production and management are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wolftech
Frequently Asked Questions about Wolftech
When was Wolftech founded?
Wolftech was founded in 2011.
Where is Wolftech located?
Wolftech is headquartered in Bergen, Norway. It is registered at Bergen, Vestland, Norway.
Who is the current CEO of Wolftech?
Arne Berven is the current CEO of Wolftech.
What does Wolftech do?
Wolftech was founded in 2011 in Bergen, Norway, focusing on the broadcast sector. Video production solutions are provided, with the flagship product, Wolftech Sports, handling production, streaming, and encoding for live sports events. Wolftech News is also offered as a tool for workflow management and cross-platform content publishing. The company was developed in partnership with TV 2 Norway, serving as a start-up hub for other broadcast entities.
Who are the top competitors of Wolftech?
Wolftech's top competitors include Avid Technology, Amagi and LiveU.
What products or services does Wolftech offer?
Wolftech offers News, Production, and Live.
Who are Wolftech's investors?
Wolftech has 1 investor. Key investors include Avid Technology.
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