BitGravity Garners $2,500,000 New Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5ab9e237-c1b5-4b3d-8119-d7f7641dd878&Preview=1 -
Date
9/30/2008 -
Company Name
BitGravity -
Mailing Address
700 Airport Boulevard Burlingame, CA 94010 -
Company Description
BitGravity has built the first CDN for Interactive Broadcasting, which is optimized to deliver affordable, HD-quality video on demand, live broadcasts, and interactive applications for massive audiences on the Internet. BitGravity’s patent-pending CDN is Tier 1, highly scalable, and delivers the performance that consumers want and expect, including streaming videos that play instantly, and live video with no buffering. The company is based in Burlingame, Calif and is privately funded. -
Website
http://www.bitgravity.com -
Transaction Type
Venture Equity -
Transaction Amount
$2,500,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds purposes were not disclosed. -
M&A Terms
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Venture Investor
Allen & Company
