Mobile Broadcast Software Firm Roundbox Gets $12 Million

Authored by Mark Hefflinger on June 17, 2008 - 7:18am.

Florham Park, N.J. - Roundbox, a provider of mobile broadcast applications, has called down $12 million of a $20 million third round of financing, PEHub.com reported, citing a regulatory filing.

Investors included Montagu Newhall Associates, Core Capital Partners, Polaris Venture Partners and RRE Ventures.

New Jersey-based Roundbox offers software for mobile and broadcast network operators deploying mobile broadcast services that support 3G, 4G and emerging broadcast and multicast networks.

Partners include Qualcomm's MediaFLO KDDI, Verizon Wireless, TV Guide and Nielsen Mobile.

The company raised $23 million across its two previous funding rounds.

http://www.roundbox.com