Sunnyvale, Calif. -- Omneon Video Networks, a maker of networked video servers for broadcasters, said on Thursday that it raised $10.5 million in a new round of funding, led by Invesco Private Capital. Previous investors Accel Partners, Advanced Technology Ventures, Intel Capital, Lucent Venture Partners, Meritech Capital Partners and Norwest Venture Partners, as well as new investor Centre Palisades also participated. Joe Kennedy, the CEO of Omneon, said that the company will use the capital to "expand development to address a wider market segment as well as accelerate penetration in new geographies." The company's media servers are currently being used by PBS, Raycom Media, and CBN in the United States; the BBC, BSkyB, and TV Cabo in Europe and Network Ten in Asia/Pacific.
http://www.omneon.com/news/pressreleases/040415_Funding.htm