A problem for a lot of tech firms is delivering high-bandwidth, multimodal knowledge β for instance, simultaneous audio and video β to customers in actual time with out interruptions. Some companies construct options in-house, however these usually require a whole lot of repairs and upkeep.
To ease the burden, Russ dβSa and David Zhao created LiveKit, an open supply software program package deal for constructing apps that may transmit real-time audio and video. They launched the challenge in 2021 and shortly suspected it had enterprise potential.
It was hunch. LiveKitΒ now has βgreater than 500 paying clients and over 100,000 builders throughout its cloud platform and open supply merchandise,β in keeping with dβSa. He additionally says itβs the βspine for roughly 25% of 911 emergency calls within the U.S.β and is βutilized by giant aerospace firms for launch and flight remark, Skydio for police drones teleoperation, and groups at Oracle and Adobe in numerous authorities purposes.β
It began when βgiant firms like Spotify, Oracle, and Reddit had been experimenting withΒ LiveKitΒ and requested us for a cloud-hosted model of it,β dβSa advised Trendster. βAssume Cloudflare, however for media streaming.β So dβSa, an early Twitter engineer, and Zhao, former director of engineering at Motorola, determined to show LiveKit right into a startup and launch a managed model of the challenge: LiveKit Cloud.
Right this moment, LiveKit, which additionally powers OpenAIβs ChatGPT Voice Mode, gives SDKs, instruments, and APIs that enable builders and firms to construct streaming video and audio experiences. The startupβs clients embody tech giants Spotify, Meta, and Microsoft, in addition to Character AI, Communicate, and Fanatics.
The present focus of the San Jose, California, firm is rising its engineering and product groups β it employs round 50 individuals β and increasing its core infrastructure. LiveKit can also be creating what dβSa calls an βelastic agent compute service,β that means a product that may deploy and routinely scale up or down voice βbrokersβ like chatbots.
βIt seems whatΒ LiveKitΒ is in the end constructing is βAIWSβ β an AI-native cloud supplier,β dβSa stated. βWhat Stripe did for funds,Β LiveKitΒ is doing for communications.β
LiveKitβs financials are fairly wholesome within the meantime, dβSa claims. Final 12 months, the corporateβs run price was over $10 million. Just lately, LiveKit raised $45 million in a Sequence B spherical led by Altimeter, with participation from Redpoint Ventures and Hanabi Capital.