$11.5M C Round Flows into Rivulet

Wade Roush2/24/09

Herndon, VA-based Rivulet Communications, which has a research and development center in Portsmouth, NH, said today that it has secured $11.5 million in Series C funding, courtesy of investors ATA Ventures, Menlo Ventures, Performance Equity Management, and Scorpion Capital Partners. Rivulet makes software used by hospitals, media organizations, and government agencies to share live or on-demand high-definition video over Internet Protocol-based networks.

Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can subscribe to his Google Group or e-mail him at wroush@xconomy.com. Follow @