Xconomy San Diego

Veramatrix Secures $20,000,000 Series C Financing Round

  • Feed Type
  • Date
    9/29/2008
  • Company Name
    Veramatrix
  • Mailing Address
    6825 Flanders Dr San Diego, CA 92121
  • Company Description
    Verimatrix designed its Video Content Authority System (VCAS) from the ground up for two-way and hybrid networks, incorporating pioneering security features that provide the broadest security perimeter of any content security and revenue enhancement system. From the outset, the company’s design goal has been to provide complete transparency for legitimate content enjoyment while significantly raising the level of protection against all forms of content piracy.
  • Website
    http://www.veramatrix.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
    Goldman Sachs
  • Venture Investor
    SunAmerica Ventures

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