This past month has marked the beginning of a transformative time for Quickplay. It is an incredible time to be a part of the organization and the industry at large.
With our recent acquisition of Roundbox, and the latest funding round of $57 million, Quickplay has quickly evolved from a small Canadian start up to the leading, global provider of end to end managed services, powering premium video to all networks and devices. This accomplishment is a testament to the hard work, dedication, and tireless effort shown by Quickplayers over the last decade.
Quickplay has enjoyed successive years of high growth with our managed services, building a unique position that for several years has, and continues to disrupt the market. We are now the largest distributor of linear OTT channels, and service an addressable market of 700 million subscribers worldwide, reaching a scale that makes our platform the natural choice for multichannel video programming distributors (MVPDs) and Content Providers to connect.
With additional equity, and the integration efforts of Roundbox, this next year will set the stage for Quickplay to aggressively pursue a growth strategy. As we deliver on market leading solutions, we will set the stage for increased scope and scale providing a solid platform for future growth and realizing our full potential. The following will be our focus for the next year:
First, develop and attract talent
Our success and growth has been a culmination of experiences across our past implementations. Our success is a testament to outstanding cross functional efforts across Marketing, Sales, Engineering, Operations, R&D and Professional Services. We will continue to invest in our people, and into developing the industry’s leading global talent pool to create a vibrant, diverse workforce that will function as the main growth driver for Quickplay.
Second, attain scale
Quickplay’s increased capacity moves us forward in our overall strategy to grow and gain scale as we expand our footprint across new markets. The OTT market is globally exploding. Over the next 12 months, we will focus on bringing our unique technology and business model to the global marketplace, powering services.
Third, Inorganic growth
We will invest in acquisitive growth and double down on strategic partner strategy. With market leaders such as Qualcomm, Tata and Alcatel-Lucent as key partners in our growth plan, combined with our strategic investments in the space, we will be bullish on addressing the growing demand for OTT services, delivering more innovative, market leading solutions.
Quickplay has always been an organization comprised of highly talented people who are passionate about the changing landscape of TV. Defining the standard, working alongside thought leaders, tackling challenges and high energy environments is our differentiator, and our pillars of success. I am thrilled with the confidence shown in the potential of Quickplay with this financing –and with it, we will focus heavily on key investments that further accelerate our growth, and contribute to the success of our current and future customers.
It is a great time to be a part of the organization, and the industry in general. On behalf of the board, and Leadership Team, I would like to extend a thank you to all teams involved for a truly outstanding effort, hard work and tireless dedication to help Quickplay become what it is today. Please join me in congratulating all for a job well done!