CLEVELAND, OH (September 19, 2017) - BoxCast (www.boxcast.com) today announced it now serves more than 1,000 customers, and is growing rapidly in several vertical markets. The Cleveland-based streaming company has embarked on an aggressive growth strategy for Q3/Q4 2017 with defined objectives for solidifying its position and defining new growth opportunities in the live streaming technology market. To date, BoxCast has executed a series of steps to accelerate its growth strategy, including:  
  • Expanding the sales team and the addition of new channel partners to identify and unlock new market opportunities for live streaming.
  • Securing multiple large enterprise customers in high-value markets, including professional sports franchises.
  • Successful industry launch of new 4k live streaming products at the National Association of Broadcasters conference.
  • Securing new patents for systems and methods for autonomous broadcasting.
  • Bolstering the strength of the management team with the addition of industry-veteran, Michael Vantusko as Chief Financial Officer.
  Expanded Sales Team Opens New Opportunities In the first two quarters of 2017, BoxCast has added seasoned sales professionals to its internal team, as well as expanded its channel distribution program with the addition of new channel partners to help extend the reach of the BoxCast live streaming platform into new markets. During this time period, the BoxCast sales team has already secured a number of high visibility corporate brands as customers, helping them establish and launch their live streaming initiatives. To date, companies in multiple markets, including professional sports, entertainment and professional musicians, as well as corporate enterprise customers have added BoxCast as their solution of choice for live streaming content to engage and expand their audiences.   BoxCaster Pro Takes on 4k Live Streaming at NAB 2017 At NAB 2017, the world’s largest annual convention encompassing the convergence of media, entertainment and technology, BoxCast formally debuted its newest innovation for 4k live streaming - the BoxCaster Pro. Designed to deliver ultra-high quality 4K live streams with all the simplicity, reliability and technical sophistication for which BoxCast is known, BoxCaster Pro encodes up to 4K60HDR video in HEVC, allowing users to stream events live without requiring large amounts of network bandwidth. Built on the BoxCast platform, BoxCaster Pro delivers transcoded video to viewers wherever they may be.   The BoxCast team stunned industry luminaries with BoxCaster Pro’s approach to this challenging new frontier in live streaming, highlighting impressive new features, The BoxCaster Pro is slated for global availability in Q4 2017.   Bolstering the Executive Team, Strategies for Funding Growth BoxCast has expanded its executive team with the addition of seasoned financial management executive, Michael Vantusko as its new Chief Financial Officer. Michael brings more than 35 years of financial, strategic and operational expertise to the BoxCast team. Before joining BoxCast in 2017, he served in public company and private equity sponsored CFO positions including recent roles at MRI Software and OverDrive, Inc. Mike's major responsibilities at BoxCast include leading fundraising efforts and capital structure optimization, as well as mentoring the team in accounting and budgeting matters.   He is a CPA with a Bachelor's Degree in Accounting & Finance from Miami University and a Masters Degree in Banking & Finance from the Weatherhead School of Management at Case Western Reserve University.   About BoxCast BoxCast is a complete, easy-to-use live video streaming platform, comprised of hardware, software and backend services, that enables organizations of any size to stream their content flawlessly. Launched in 2013, BoxCast is headquartered in Cleveland, OH. Learn more at www.boxcast.com.