Advanced Video Services Provider Arroyo Raises $13 Million
Pleasanton, Calif. -- Arroyo Video Solutions, a provider of advanced video services, announced on Monday that it has raised $13 million in a first round of venture capital funding. Doll Capital Management and Foundation Capital led the round, with participation from Time Warner Investments and Comcast Interactive Capital. Pleasanton, Calif.-based Arroyo's technology enables video providers, including cable companies and broadband operators, to dramatically accelerate delivery of new TV services like video-on-demand and interactive TV to their subscribers. http://www.arroyo.tv
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