Ortiva Raises $2.5 Million
Bruce V. Bigelow6/20/11
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.
