Conviva Secures $20,000,000 Series B Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=765e1f0f-3794-4256-9c2c-ff2b2b2932da&Preview=1 -
Date
8/25/2008 -
Company Name
Conviva -
Mailing Address
Two Waters Park Drive San Mateo, CA 94403 -
Company Description
Conviva was founded by Carnegie Mellon and U.C. Berkeley researchers who are leaders in Internet systems research. Conviva’s Coordinated Video Distribution System (CVDS) offers tremendous benefits to content owners and network service providers that are participating in the dramatic rise in Internet video traffic by providing cost reduction, improved scale, improved QOS and consumer experience, and other benefits. -
Website
http://www.rinera.com -
Transaction Type
Venture Equity -
Transaction Amount
$20,000,000 -
Transaction Round
Series B -
Proceeds Purposes
The funding will help the company expand its global platform, accelerate product development, and invest in business development with key customers. -
M&A Terms
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Venture Investor
Foundation Capital -
Venture Investor
New Enterprise Associates -
Venture Investor
UV Partners
