Sherpa Named Aspiring Ecosystem by Wainhouse

February 26, 2018

Sherpa Digital Media, a developer of leading video management and streaming solutions for enterprise communication and marketing, has been recognized by Wainhouse Research as an Aspiring Ecosystem in Wainhouse's recent report, titled: "The State of the Enterprise Streaming and Webcasting Market - 2018."

The report categorizes various companies by "solution completeness" and "integration strategy." By being named an Aspiring Ecosystem, Wainhouse recognizes Sherpa's end-to-end capabilities as a complete solution and its interoperability with other applications as an open system.

The report from Wainhouse further sets out what the different scales and quadrants signify. The horizontal scale ("integration strategy") measures the ability of the solution to integrate with other vendors' products, with more open systems placed to the right and less open ones to the left. The vertical scale ("solution completeness") categorizes how diverse of a service offering the platform provides. Single feature solutions with a narrow set of tasks are placed on the bottom, and platforms with a broader feature set are placed higher up.

The top right of the quadrant, where Sherpa was placed, are considered to be "Aspiring Ecosystems," which are classified as "end-to-end platforms that seek to expand functionality through integration with outside solutions."

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Sherpa today announced the completion of a $5.5 million Series A financing. The round was led by Benhamou Global Ventures (BGV), with participation from Rally Ventures, and existing investors. BGV’s Partner Marina Levinson and Rally Ventures’ General Partner Charles Beeler will join Sherpa’s board of directors.

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Launch of live social syndication module

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Sherpa today debuted its live social syndication dashboard on a live, external broadcast by a longstanding entertainment segment customer. By adding the new capability to its existing Sherpa platform, this Fortune 100 company was able to seamlessly syndicate, control, and analyze the experience of over 300,000 live viewers across 12 distribution channels, including YouTube, Twitch, and internal web properties. This module is now available for all Sherpa platform customers.

Acquisition of VideoVerge platform business

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Sherpa today completed its acquisition of the VideoVerge platform business from Ramp Holdings, allowing Sherpa customers to integrate live and on demand video workflows into their Microsoft 365 and SharePoint productivity suites. Likewise, transitioned VideoVerge customers, including the likes of Levi Strauss, Tyson Foods, and Gilead, have added core Sherpa platform capabilities such as live webcasting, partner content syndication, native VR/AR/360° video delivery, and advanced viewing analytics.

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Launch of VR/360°

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Sherpa today commenced native platform support of VR/360° video. Initial customer pilots have included programs for partner training, retail/dealership communication, and employee town halls.