Ukrainian startup Restream, founded by Alexander Khuda and Andrew Surzhynskyi, broadcast live concerts, online meetings, sports and video game matches to different online platforms simultaneously. Among its clients are big tech companies like Microsoft, Activision, Wargaming and Ubisoft.

Ukrainian startup Restream has attracted $50 million from U.S. investment firms Sapphire Ventures and Insight Partners to speed up the growth of its video streaming business.

This investment round brings the total amount of Restream’s investment money to about $54.5 million, according to public records.

Source: www.kyivpost.com

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