TVU Networks Receives New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce84ce89-2f50-4e26-8dbe-708a86552179&Preview=1 -
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
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Venture Investor
SoftBank Ventures Korea -
Venture Investor
Altos Ventures -
Venture Investor
New Atlantic Ventures
