Conviva Lands $15M
San Mateo-based Conviva, a provider of online video streaming technology, said today that it has raised $15M in a Series C funding round. The round was led by GGV Capital, and also included prior investors Foundation Capital, New Enterprise Associates, and Pelion Venture Partners. The firm said the new funding brings its total raised to $44 million. The company said it will use the funding to expand into global markets. Conviva's technology is used to monitor video streams and predict interruptions to adjust the adaptive bit rate of videos.
posted on Wednesday, September 15, 2010 (Link to more information)
Related companies:
Conviva
Related stories:
> Conviva Gets $15M From Time Warner
> Conviva Adds $20M
> Box.net Lands $1.5M From DFJ
> Solazyme Lands $5M In Debt
> Lever Lands $10M For Job Application Tracking
silicontap.com Home