Azuki Systems Secures $6 Million for Mobile Video, CommunitiesAuthored by Mark Hefflinger on May 5, 2009 - 6:49am.
Acton, Mass. - Azuki Systems, a provider of mobile
video and community websites and applications, announced on Tuesday that it has
secured $6 million in additional equity financing, from previous backers Sigma
Partners and Kepha Partners, along with company executives.
Founded in 2007, Acton, Mass.-based Azuki is now deploying its services with media and sports clients, which extend desktop services across the mobile Web. "This current investment round will enable us to continue to aggressively build out the business and offer more brands the opportunity to build community around their video and content," said Azuku president and CEO Jim Ricotta.
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