Venera Technologies Gets $1.7 Million Boost From Allison Wood Ventures
HOUSTON, March 23, 2022 (Newswire.com) - Leading video test & measurement solutions company Venera Technologies was recently the recipient of a $1.7 million investment by Allison Wood Ventures, which will enable the company to continue expanding the solutions provided to some of the world's most innovative leaders in the visual entertainment industry.
Venera offers a range of quality control solutions for audio, video, and caption files, including checks on image color, cadence, language, audio volume, captions, and subtitles. The world's leading media companies like Disney, NBC Universal, HBO, AMC Networks, Cinedigm, NEC, and Extreme Reach trust Venera to ensure the highest possible quality of content for both traditional broadcasting and web streaming services.
"There is no doubt in my mind that the leadership team at Venera Technologies is just getting started," Allison Wood, founder and CEO of Allison Wood Ventures, said. "The need for a trustworthy, reliable, and top-of-line service like Venera provides to its partners only grows as the already vast world of video content expands. With Vikas, Fereidoon, Rajarshi, and their team at the helm, the sky's the limit for Venera Technologies."
Since its inception, Venera has been leading the industry in terms of fast, accurate, and innovative media test & measurement solutions. Five years ago, the already groundbreaking company took its trusted service to the cloud, and today its innovative native cloud-based quality control solution, Quasar®, is the only solution of its kind to be verified by Amazon Web Services Partner Network (APN) and receive the AWS 'Qualified Software' honor.
"We take pride in this major accomplishment as it further proves our commitment to excellence and building a native cloud QC solution that our users can use confidently as they explore migration of their workflows to the cloud," Vikas Singhal, CEO of Venera Technologies, said.
Venera was founded with the goal of automating the otherwise manual process of ensuring the quality of media content. With the accelerated adoption of cloud-based workflows, automation has become extremely important for media companies as costs continue to rise and time becomes more valuable. Venera's proprietary cloud services Quasar® & CapMate™ are able to quickly and cost-efficiently analyze and verify audio/video in media files, correct subtitles, and captions, finding problem files before submission to web services like Netflix, Hulu, and Amazon Prime Video.
"Venera's commitment to excellence and efficiency has earned the trust of more than 150 top-notch media companies and we are extremely excited to see how its leadership team continues to evolve and keep pace in the coming years," Allison Wood said.
About Allison Wood Ventures
Allison Wood Ventures is a global investment company focused on creating growth opportunities for industry game-changers. The firm invests largely in information, consumer, retail, and energy technology, as well as in real estate, media, and other sectors. Founder and CEO Allison Wood takes a personal interest in each and every investment opportunity, and Allison Wood Ventures is built on a culture of vision and value creation above all. For more information about Allison Wood Ventures and its projects, please visit https://www.allisonwoodventures.com and Facebook.com/AllisonWoodVentures.
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Source: Allison Wood Ventures, LLC