Home › content

Broadband Video Delivery Firm Kasenna Raises $15 Million

Authored by Mark Hefflinger on July 8, 2004 - 6:34am.
Mountain View, Calif. -- Kasenna, a provider of broadband video delivery services for the telecom, cable, hospitality and other industries, announced on Thursday that it has raised $15 million in its latest round of venture capital financing. Key Ventures led the investment round; new investor AsiaTech Management, as well as previous investors US Venture Partners, Alloy Ventures, OM Technology Investments Partnership, Artiman Ventures, CIR Ventures and The Entrepreneurs' Fund also participated. Mountain View, Calif.-based Kasenna, which recently acquired rival ViewNow, provides IP video infrastructure, applications and video-on-demand programming for video services. The company said the new funds will take it well into profitability, as well as enable it to accelerate its expansion into cable and telco service provider markets around the world.
http://www.kasenna.com/news/pressreleases/index.jsp?id=82  

tags: VC | Kasenna | Broadband Video |



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.