Kontiki Garners $10,700,000 Series B Financing

  • Feed Type
  • 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
  • Venture Investor
    MK Capital
  • Venture Investor
    New World Ventures
  • Venture Investor
    Cross Creek Capital

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