London-based Hopin puts the new money to work, acquires Streamable and Jamm

London-based Hopin puts the new money to work, acquires Streamable and Jamm

Virtual event darling Hopin has just announced the acquisitions of video hosting provider Streamable and video technology company Jamm.

Figures were not disclosed.

The tech from both acquisitions is slated to be integrated into the existing Hopin platform and will become the basis for future developments in the platform’s product lineup.

“The technology and resources from Jamm and Streamable will become foundational components to future products and the entire Hopin video experience — from production and video quality to how our customers can collaborate and distribute content,” comments Johnny Boufarhat, founder and CEO of Hopin

Founded by Armen Petrosian in 2014, Streamable sees 75,000 new video uploads per day, and counts over 5,000 paying customers in more than 100 countries. Petrosian will continue to lead the Streamable business unit and contribute to new product development.

Founded in 2019 by Badri Rajasekar, the goal of Jamm is to provide users with a lightweight way to collaborate over video. The platform currently counts clients in the fintech, gaming, and education verticals. Rajasekar, who was previously CTO at Tokbox, is slated to play a key role in the development of new features and products at Hopin.

“Since I founded Jamm in 2019, we’ve seen growing interest as more businesses pursue a remote-work strategy. I’ve witnessed firsthand how productive remote teams can become when they have a video solution that’s lightweight and collaborative,” said Jamm founder and CEO Badri Rajasekar.

These two acquisitions come hot off the heels of a $400 million investment round, as well as the acquisition of mobile app maker Topi and video streaming service StreamYard.

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