When was Bestv founded?

Bestv was founded in 2005 and raised its 1st funding round 7 years after it was founded.

Where is Bestv located?

Bestv is headquartered in Shanghai, China.

Who is the current CEO of Bestv?

Shi Zhiyu of Bestv. They have also founded 1 company.

How many employees does Bestv have?

As of Mar 31, 2026, the latest employee count at Bestv is 46.

Is Bestv a funded company?

Bestv is a funded company, having raised a total of $1.6B across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 30, 2012.

When was the latest funding round of Bestv?

Bestv's latest funding was a $***** PE round on Dec 01, 2014, with participation from 2 investors.

Where does Bestv rank among its competitors?

Bestv ranks 2nd amongst 11 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Tiantian Zhidian, which secured an undisclosed amount in Aug, 2022.

Who are the top competitors of Bestv?

Bestv's top competitors include Comcast, Tiantian Zhidian and Zhongdian Huarui Technology. Among them, Tiantian Zhidian secured the most recent funding round in August, 2022.

Bestv - 2026 Company Profile, Team, Funding & Competitors

Bestv is a seed company based in Shanghai (China), founded in 2005 by Shi Zhiyu. It operates as an IPTV broadcasting service provider. Bestv has raised $1.6B in funding. The company has 11 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Comcast, Tiantian Zhidian and Zhongdian Huarui Technology.

Company Details

Website: www.bestv.com.cn
Social

Key Metrics

Founded Year

2005

Location

Shanghai, China

Stage

Seed

Total Funding

$1.6B in 2 rounds

Latest Funding Round

PE, Dec 01, 2014, $*****

Investors

Shanghai Ivy Capital & 5 more

Ranked

2^nd among 11 active competitors

Employee Count

46 as on Mar 31, 2026

Investment & Acquisitions

AdSage

Similar Companies

DNA & 236 more

View Bestv's full profile

Bestv has raised a total funding of $1.6B over 2 rounds. Its first funding round was on Mar 30, 2012. Its latest funding round was a PE round on Dec 01, 2014 for $*****. 2 investors participated in its latest round. Bestv has 6 institutional investors.

Here is the list of recent funding rounds of Bestv:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2014	4630424	PE	3450377	7855095	6278609	3227287
Mar 30, 2012	3205513	Seed	9673900	1402137	8299525	Shanghai Municipal People's Government

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View details of Bestv's funding rounds and investors

The founders of Bestv is Shi Zhiyu. Shi Zhiyu is the CEO of Bestv.

Here are the details of Bestv's key team members:

Shi Zhiyu: Founder & CEO of Bestv.

View details of Bestv's Founder profiles and Board Members

Bestv's employee count trend

Bestv has 46 employees as of Mar 26. Here is Bestv's employee count trend over the years:

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Top competitors of Bestv include Comcast, Tiantian Zhidian and Zhongdian Huarui Technology. Here is the list of Top 10 competitors of Bestv, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Comcast 1963, Philadelphia (United States), Public	Provider of phone, internet, and television services	-	JANA Partners, Kleiner Perkins	72/100
2nd	Bestv 2005, Shanghai (China), Seed	IPTV broadcasting service provider	$1.6B	Shanghai Ivy Capital, CBC Capital & 4 others	37/100
3rd	Tiantian Zhidian 2016, Beijing (China), Series A	Provider of tariff optimization and power distribution room maintenance service	-	Qianyuan Capital, Jiuli Group	26/100
4th	Zhongdian Huarui Technology 2010, Beijing (China), Funding Raised	Provider of hardware and software-based solutions for smart grid operations	-	China Venture Capital	25/100
5th	Beijing Yubang Power Technology 1996, Beijing (China), Funding Raised	Hardware & software-based solution provider across the value chain of smart grid operations	-	China Venture Capital	24/100
6th	Qingdao Topscomm Communication 2008, Qingdao (China), Unfunded	Hardware and software integrated solution provider for smart grid operations	-	-	23/100
7th	Hangzhou Shenhao Technology 2002, Hangzhou (China), Funding Raised	Developer of a portfolio of monitoring devices for the smart grid sector	-	Lotus Lake Capital Management	23/100
8th	Wuhan Fenghuo Fuhua 2008, Wuhan (China), Funding Raised	Developer of intelligent power system solutions for different industry fields in the energy sector	-	Shenzhen Chuangdong Investment	22/100
9th	Beijing Hao Technology 2017, Haidian (China), Deadpooled	Artificial intelligence and Internet of Things based metering infrastructure provider	-	Tendence Capital, Xiang He Capital	19/100
10th	Guizhou Broadcasting & TV Information Network 2009, Guiyang (China), Unfunded	Provider of information and communication technology services, including broadcasting, television, and internet services	-	-	18/100