GridNetworks Secures Series A Financing Round

  • Feed Type
  • Date
    3/11/2008
  • Company Name
    GridNetworks
  • Mailing Address
    71 Columbia Street Seattle, WA 98104
  • Company Description
    GridNetworks, a Seattle company, is run by a seasoned team of Internet veterans. We offer GridCasting service – which can stream full screen, HD-Quality Internet Television to the desktop or living room, while providing economics that make sense to consumers and Hollywood.
  • Website
    http://www.gridnetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Series A
  • Proceeds Purposes
    The financing will be used to expand development of GridNetworks’ core technology and grow the company’s Internet Television distribution businesses.
  • M&A Terms
  • Venture Investor
    Cisco Systems, Inc.

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