Kitchener startup Dejero has raised $4.5 million in venture capital from BEST Funds. Dejero is an award-winning bonded wireless transmission innovator, or a startup that creates mobile, wireless solutions for news teams chasing live stories.
The Dejero LIVE+ Platform allows both traditional and online broadcasters to transmit high-quality HD or SD live video from mobile devices, including professional-grade rugged transmitters, versatile camera-mounted units, laptops, tablets, and smartphones. The platform lets broadcasters increase their live and recorded video content in a reliable, easy-to-use, and cost-effective manner.
“We have worked hard to create and produce the highest-quality broadcasting equipment, using the latest advancements in 3G and 4G LTE mobile technologies to make electronic newsgathering as immediate and portable as possible,” said Dejero CEO Brian Cram. “With the $4.5 million investment from BEST Funds, we will be able to further expand our sales growth, allowing us to bring this technology to the forefront of the broadcasting industry around the globe.”
BEST Funds’ Alan Chattier added that “Dejero perfectly exemplifies the type of company that we aim to assist. We are confident that with our capital and their unique and revolutionary LIVE+ product suite, Dejero will continue to grow at an extraordinary pace.”
Based in Toronto and founded in 1996, BEST Funds is a Canadian venture capital firm that focuses much of its efforts on seed stage startups.