TVU Networks Receives New Funding Round

  • Feed Type
  • Date
    2/20/2013
  • Company Name
    TVU Networks
  • Mailing Address
    1225 Pear Avenue Mountain View, CA 94043
  • Company Description
    TVU networks enables any size broadcaster to effectively monetize their content through a live Internet TV platform which reaches the entire world, has unlimited channel capacity, and allows for very low broadcasting costs. Viewers can watch global TV content from anywhere – at home, at work, in the park, or on business trips. The TVU service, accessed via its free TVUPlayer application, has been downloaded 25 million times by viewers in over 200 countries.
  • Website
    http://www.tvunetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The new round of funding that will enable TVU to accelerate its industry-leading innovation in IP-based video transmission, management and distribution solutions; further its market leadership in North America, Asia, the Middle East and Africa; and expand its global market presence in Europe and Latin America.
  • M&A Terms
  • Venture Investor
    SoftBank Ventures Korea
  • Venture Investor
    Altos Ventures
  • Venture Investor
    New Atlantic Ventures

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