Xconomy Boston

Blackwave Garners $3,500,000 New Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4c612884-0513-4d15-94bf-664cfc7c73ef&Preview=1
Date
9/30/2009
Company Name
Blackwave
Mailing Address
289 Great Road LL2 Acton, MA 01720
Company Description
Blackwave, a venture backed company, is taking the guesswork out of providing cost effective systems for storing and delivering Internet Video – providing industry leading performance and scalability designed to meet the growing needs of Content Distribution Networks (CDNs), Aggregators, and Media and Entertainment companies.
Website
http://www.blackwave.tv
Transaction Type
Venture Equity
Transaction Amount
$3,500,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Undisclosed