The anti-buffering technology firm Falcon Media has started trading on the London Stock Exchange and has raised £4m through a share placing to support its growth strategy.

Funds will be used to transform it into a “leading OTT broadcast media company.” Falcon develops Q-Flow, a software application that it says “prevents the frequent loss of signal or buffering that currently affects the OTT video streaming market”.

Falcon Media, previously known as Falcon Acquisitions, also intends to license the software to network providers.