Edgeware, a start-up company developing scalable and cost efficient high performance servers for on-demand television services, today announced that Amadeus Capital Partners has joined Creandum as co-investor by committing 17Msek in addition to 11Msek committed by Creandum.

Edgeware has developed innovative network server equipment, targeting on-demand TV services such as time shifted live TV and video on demand. Based on a novel video streaming and solid-state content storage architecture, Edgeware's revolutionary server products rewrite the rules for IPTV service providers in terms of streaming capacity, functionality, service quality and profitability.

"Amadeus is a well established international investor with an excellent understanding of the IPTV space. Their investment will further strengthen our credibility internationally and sends a clear message that we are here to become a dominant supplier of on-demand infrastructure," says Founder and CEO Joachim Roos.

"Attracting both leading local and leading international investors is an added endorsement of our world-class team, category-defining technology and strong market momentum," continues Joachim Roos.

Commenting on the investment, Amadeus Partner Simon Cornwell says: "Edgeware will change the economics of video-on-demand networks, initially for IPTV and in the future for cable TV and the fast-growing mobile market. Beyond this, the Edgeware approach offers blue sky potential in a wide range of storage applications once initial product development and launch is complete later this year. The founding team, all of whom have experience of successfully taking technical product to market, are keen to build a world-leading business around their core technology. We are delighted to be able to help in that process."

"We are proud and delighted to have Amadeus join us as co-investor in Edgeware; our combined strengths will ensure a strong continued development of Edgeware and secure their establishment as a leading player in the IPTV market," says Stefan Lindeberg partner at Creandum.