Redge Technologies buys Vestigit

Video Technology outfit and OTT provider, Redge Technologies has acquired the controlling stake in Vestigit from the founder and RKKVC fund.

Vestigit is a startup pioneering AI-driven A/B content watermarking specialising in the identification of illegal distribution channels. Vestigit’s team of scientists provides solutions that enable clients to regain control of their intellectual property. Using advanced edge computing and AI, including Generative Adversarial Network (GAN). It also offers an automated search tool for protected content across the public web and social media, further enhancing its comprehensive product offering.

Vestigit’s advanced AI-based content watermarking solutions will integrate into the Redge Media platform to more comprehensively address client needs and global trends in the video content market.

The investment in Vestigit in July 2021 and the recent acquisition of additional shares from the RKKVC fund strengthen Redge Technologies’ position and extend the scope of Beyond DRM.

According to the tech outfit, closer integration with an AI watermarking technology company enhances Redge Media’s content security offering. Meanwhile, Vestigit continues to pursue the prestigious Cartesian’s Farncombe Security™ Audit ensuring compliance with the industry’s highest security standards.

“The piracy problem plaguing streaming services continues to escalate, with projections of a cumulative loss of $113  billion by 2027. This significant financial impact underscores the critical need for effective measures to combat piracy and protect the revenue streams of content creators and distributors. This is why Redge Technologies invests in Beyond-DRM solutions such as Vestigit, which provides a robust and comprehensive security solution for online content owners, including sports and live event streaming” said Przemysław Frasunek, CEO at Redge Technologies.

“As a VC fund dedicated to driving technological advancements, we understand the imperative for innovative solutions that combat cyberpiracy effectively. Our investment in Vestigit reflects our commitment to support groundbreaking technologies in AI and Computer Vision that protect the rights and revenues of content owners. Vestigit’s comprehensive security measures and expertise in cybersecurity align perfectly with our investment strategy and vision” said Mateusz Bodio, Managing Director of RKKVC.

Rafał Radawiec, founder and head of Vestigit, added: “With Redge Technologies’ expertise in OTT and edge computing technologies, combined with Vestigit’s ground-breaking AI-driven A/B content watermarking solutions, we are poised to revolutionize the industry. Together, we are providing online content distributors around the world with the tools they need to fight piracy, take back control of their intellectual property and ensure the security of their valuable content”