Kontiki Garners $10,700,000 Series B Financing
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=221323bd-edcb-4c1b-8f26-a71f414532cf&Preview=1 -
Date
10/20/2010 -
Company Name
Kontiki -
Mailing Address
1001 W. Maude Ave Sunnyvale, CA 94085 -
Company Description
Kontiki’s secure, scalable, and legitimate P2P delivery platform powers the world’s largest media companies broadband video on-demand download services including the BBC iPlayer, and BSkyB’s Sky Anytime on PC service, in the UK. Kontiki’s ISP-friendly protocol, fine network controls, security, edge throttling capabilities and client application flexibility are ideal for all constituents in the broadband video delivery value chain — Content Owners, Network Operators and Consumers. -
Website
http://www.kontiki.com/ -
Transaction Type
Venture Equity -
Transaction Amount
$10,700,000 -
Transaction Round
Series B -
Proceeds Purposes
Kontiki, which counts among its customers many of the world’s largest companies in the financial services, retail, technology, telecommunications and manufacturing market sectors, will use the funds to expand its product development, sales and marketing programs – capitalizing on one of today’s fastest growing enterprise IT markets and the consumerization of video in the enterprise. -
M&A Terms
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Venture Investor
MK Capital -
Venture Investor
New World Ventures -
Venture Investor
Cross Creek Capital
