Conviva Garners $15,000,000 Series C Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=189ffcb5-e43c-47d5-8880-45c3c977b700&Preview=1 -
Date
9/15/2010 -
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
$15,000,000 -
Transaction Round
Series C -
Proceeds Purposes
Conviva has optimized over a billion video streams for some of the largest broadcasters on the Internet and will use the new financing to expand the company’s global footprint, drive continued technology innovation and invest in new industry segments to meet the growing demand for high-quality, high-definition (HD) online video. -
M&A Terms
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Venture Investor
GGV Capital -
Venture Investor
Foundation Capital -
Venture Investor
New Enterprise Associates -
Venture Investor
Pelion Venture Partners
