DFJ Gotham's investment in Panvidea (FKA mPoint) was just announced. Panvidea is a cloud-based media processing and delivery solution. You can learn more about the company via the video on their website.

In English, Panvidea helps enterprise scale media companies transcode, manage and distribute content via the cloud solving some of the major pain points that media houses traditionally face. The old media management solutions required enterprises to make huge up front investments in on-site hardware and software solutions which were subject to fixed capacity limitations and slow software upgrade cycles.

Enter Panvidea. As a cloud-based solution, Panvidea enables enterprises to:

1. Migrate to a variable pricing model – they pay-as-they-go, there is no longer a need to build a server farm to manage media,
2. Process limitless content leveraging the scalability of cloud based infrastructure, and
3. Benefit from frequent software upgrades that can keep up with the rapidly evolving landscape of codecs and beyond instantly.

The company is poised to shake up its market segment and is already serving major customers such as A&E, Fox, Getty Images, and others.

We were joined by other NY-based investors in this investment including Greycroft, Contour, Widerwake and a number of angels.