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Anystream Raises $8 Million in Fourth Round of Funding

Authored by Mark Hefflinger on April 12, 2005 - 10:12am.
Sterling, Va. -- Anystream, a supplier of digital media production and distribution software, said on Tuesday that it has raised $8 million in its fourth round of private equity funding, led by the Softbank Capital Technology Fund III. Previous investor SCP Private Equity Partners also participated. Anystream said that it will use the funds to expand the marketing of its media and education software, which both automate digital media production and distribution, as well as to bring new products to market. "The financing round gives us the resources we need to extend our business," said Anystream president and CEO Janet Van Pelt. This is Anystream's first outside funding since closing an $11 million round in Jan. 2003. It has raised more than $36 million in total.
http://www.anystream.com/news_release.asp?press_release=112 

tags: VC | Anystream | Fourth Round |



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