VeriVue Secures $20,000,000 Series C Financing Round
-
Feed Type
-
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=30312a8d-a5d3-4d9f-8899-d4f2a6e84e75&Preview=1 -
Date
9/9/2009 -
Company Name
VeriVue -
Mailing Address
3 Carlisle Road Westford, MA 01886 -
Company Description
The growth and popularity of digital media has created a whole new set of challenges for network operators. Delivering large files at high bit rates from ever-expanding content libraries drives rapid and unpredictable growth in video traffic. Traditional server-based delivery methods are becoming less effective, more costly and they only exacerbate the network connectivity problem. -
Website
http://www.verivue.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Series C -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
-
Venture Investor
Sigma Partners -
Venture Investor
Undisclosed
