Qumu Garners $8,750,000 New Funding

  • Feed Type
  • Date
    9/21/2010
  • Company Name
    Qumu
  • Mailing Address
    1100 Grundy Lane San Bruno, CA 94066
  • Company Description
    Qumu’s software solution enables organizations to easily capture, manage, publish and distribute live and on-demand video content while leveraging existing IT infrastructure.
  • Website
    http://www.qumu.com
  • Transaction Type
    Debt, Venture Equity
  • Transaction Amount
    $8,750,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The capital raised will enable the company to advance its mission of capturing, managing and distributing live and on-demand video webcasts to client organizations using its progressive appliances, hosted solutions and enterprise video communications software.
  • M&A Terms
  • Venture Investor
    MMV Financial Inc.
  • Venture Investor
    SAP Ventures
  • Venture Investor
    Advanced Technology Ventures
  • Venture Investor
    Storm Ventures
  • Venture Investor
    Garage Technology Ventures
  • Venture Investor
    The Halo Funds
  • Venture Investor
    The Angels’ Forum

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