Israel's Tvinci Lands $1.6 Million for Customized Video PlatformAuthored by Mark Hefflinger on February 10, 2009 - 8:53am.
Tel Aviv, Israel
- Tvinci, a developer of customized live and on-demand video systems for
wireless carriers and pay-TV providers, has raised $1.6 million in its first
round of funding from Kaedan Capital,
Israel's Globes
Online reported.
Tel Aviv-based Tvinci's platform has been installed by customers including MTV Israel, and partners in Poland, Italy, Spain, Hungary and the U.K. The company charges a one-time license fee and monthly user fees that vary based on Web traffic.
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