The round was led by JumpStart Ventures through the Advanced Manufacturing Fund, managed with support from MAGNET. The Castellini Management Company, owners of the Cincinnati Reds, also co-invested in the round.

ActionStreamer is a proprietary technology and software platform for streaming media from wearable, IoT, and other connected devices. Founded in 2016, the end-to-end streaming platform has been widely recognized for delivering breakthrough data movement solutions and real-time omnichannel media offerings across the sports, entertainment, telecommunications, industrial, and defense markets, and a customer portfolio that includes the U.S. Air Force, FOX Sports, Amazon Web Services, and T-Mobile.