Live Media Broadcasting Platform Conviva Secures $20 Million

Authored by Mark Hefflinger on August 25, 2008 - 7:44am.

San Mateo, Calif. - Conviva, the provider of a live media platform that allows companies to broadcast secure live video, announced on Monday that it has secured $20 million in its second round of funding, led by UV Partners.

Previous backers New Enterprise Associates and Foundation Capital also participated in the round, proceeds from which will be used to expand the company's global platform, accelerate product development, and invest in business development with key customers.

San Mateo, Calif.-based Conviva has now raised a total of $29 million for its live media distribution platform.

 

Related Links:
http://snipurl.com/3jney

http://www.conviva.com

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