BitGravity Garners $2,500,000 New Financing

  • Feed Type
  • 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
  • Venture Investor
    Allen & Company

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