Ortiva Raises $2.5 Million

6/20/11

San Diego-based Ortiva Wireless, which specializes in scalable, high-performance technology for optimizing video on wireless networks, has raised $2.5 million in a combination of debt and rights to acquire securities, according to a recent regulatory filing. The company, which intends to raise nearly $3.8 million in this financing, closed its Series C round in venture funding seven months ago, according to VentureWire. Investors include Mission Ventures, Intel Capital, Artiman Ventures, and Comcast Ventures.

Bruce V. Bigelow is the editor of Xconomy San Diego. You can e-mail him at bbigelow@xconomy.com or call (619) 669-8788 Follow @

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