Palo Alto, California -- Digital media technology company Bitmovin has secured $678,000 in venture capital debt funding, according to an SEC regulatory filing.
Bitmovin has developed technologies that it says "delivers online video faster, with no buffering."
The company's system provides developers with complete control via its APIs and API clients.
Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.
A total of 15 investors participated in the offering.
Bitmovin is a graduate of the Y Combinator accelerator program.