News

2.7 million euros in funding to Callstats.io, a company that is aiming to improve the quality of multimedia calls

The founding members of the company predicting quick growth carried out research on multimedia at Aalto.

Callstats.io, which analyses the quality of audio and video calls made with WebRTC technology, has received a total of $3 million, i.e. 2.7 million euros, during its series A funding round.

WebRTC is a technology that is set to become part of the HTML standard, which will facilitate multimedia calls in browsers without the need to install plugins. Callstats.io analyses the quality of audio and video calls that utilise WebRTC and helps its clients to improve the quality of those calls.

'We believe that more than 20,000 companies will adopt WebRTC in the next few years. Video already accounts for the majority of online traffic, and we predict that traffic will further grow as a result of live communication and live-streaming”, describes Callstats.io CEO Varun Singh, who received his doctorate from Aalto University in 2015, and whose dissertation and other standardization activities formed the basis for Callstats.io's technology.

In addition to Mr Singh, the company's founding members include Jörg Ott, who has been a professor at Aalto for over ten years, and has been standardising the internet since the 90s, Marcin Nagy, who is writing his dissertation on information security in network technology at Aalto, as well as Shaohong Li who is completing his Master's programme studies at Aalto. Both Mr Nagy's and Mr Li's Master's theses and other research accumulated knowledge were important for building Callstats.io.

Callstats.io will use the investment on product development and to strengthen its marketing and sales. WebRTC technology is predicted to grow exponentially and increase the use of communication services and the need for their analysis, and the company is pursuing quick international growth.

More information:

Growth Hacker Lasse Lumiaho
Tel. +358 400 492 307
[email protected]

 

  • Published:
  • Updated:
Share
URL copied!

Read more news

diction-kuvio-01
Research & Art Published:

Reports

Read the final report of the studies carried out within the DICTION consortium.
QS-ranking tulos 2021
Press releases, Research & Art Published:

Aalto University’s Art & Design now ranked 6th in the world

Six of Aalto’s fields reached the top 100 in the prestigious QS ranking
Kuvassa vihreällä taustalla kuva vaaleasta naisesta ja tapahtuman otsikko
Research & Art Published:

How can there be an education crisis when the children are going to school?

UNESCO estimates that about half of the schoolchildren in developing countries do not even have the basic skills that they need even though they have been attending school for years.
Biorefinery and fuels
Cooperation, Research & Art Published:

Renewable fuel made from biorefinery residues

Lignin-based automotive and aviation fuels are one step closer to market as a new EU-funded project aims to develop new production methods for lignin-based transport fuels.