Veodia Receives $8,300,000 Series A Funding Round

  • Feed Type
  • Date
    5/18/2008
  • Company Name
    Veodia
  • Mailing Address
    1825 S. Grant St. San Mateo, CA 94402
  • Company Description
    Using MPEG-4 / h.264 technology, Veodia’s video broadcasting service makes it easy and inexpensive for businesses, universities, religious institutions, and even professional bloggers to broadcast high-quality live video and digitally archive content for on-demand viewing or podcasting.
  • Website
    http://www.veodia.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $8,300,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The new financing will be used to support product development and add more talent to the team.
  • M&A Terms
  • Venture Investor
    Clearstone Venture Partners
  • Venture Investor
    D. E. Shaw Group

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