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Digital Media Distribution Technology Firm Pathfire Raises $5 Million

Authored by Mark Hefflinger on January 3, 2006 - 8:08am.
Palo Alto, Calif. - Pathfire, a provider of digital media distribution and management technologies for the entertainment industry, announced on Tuesday that it has received $5 million in financing from Hercules Technology Growth Capital. Atlanta-based Pathfire's technology is used by broadcasters, news organizations, television networks, Hollywood studios and other media companies, to receive news feeds, syndication and ad content directly onto media professionals' desktops. The company's Digital Media Gateway system is currently utilized by more than 1,300 broadcasters in North America.
http://biz.yahoo.com/prnews/060103/sftu047.html?.v=42
http://www.pathfire.com

tags: VC | Digital Media | Pathfire |



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