Microsoft announced today that it has acquired Peer5, a Bay Area-based startup that helps companies such as Turner and Deutsche Telekom with large-scale video streaming quality. Microsoft will use Peer5’s mesh networking technology for its Microsoft Teams collaboration software that has surged in usage amid the pandemic and shift to remote work. Peer5’s software is described as a WebRTC-based “Enterprise Content Delivery Networks” solution, or eCDN, that runs in-browser and optimizes bandwidth usage. Founded in 2012, Peer5’s last funding was a $2.5 million seed round raised in 2017.
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