Video-on-Demand Firm Kasenna Raises $11 Million

Authored by Mark Hefflinger on February 6, 2006 - 2:30am.

Mountain View, Calif. - Kasenna, a provider of video-on-demand programming and delivery technology for IPTV services, announced on Monday that it has raised $11 million in a new round of venture capital financing. Intel Capital led the investment round, in which all of Kasenna's existing investors participated. Mountain View, Calif.-based Kasenna provides video-on-demand services for customers including Charter Communications, Cavalier Telephone and SaskTel. The company will use the funds to expand within domestic and international IPTV and cable markets, as well as strengthen to its balance sheet.
http://biz.yahoo.com/prnews/060206/sfm085.html?.v=38
http://www.kasenna.com