Germany's Stream5 Lands Funding for Online Video Services

Authored by Mark Hefflinger on September 8, 2009 - 6:17am.

Munich, Germany - Stream5, a Germany-based online video firm, has raised at least $1 million in new financing.

Existing shareholders including DuMont Venture and Tiburon Partners joined new investors KfW and Klaus Wecken in the round, proceeds from which will be used for continued product development.

Stream5 provides companies with online video distribution services; clients include O'Neill, Channel 21 and Deloitte & Touche.

Related Links:
http://snipurl.com/ro5pf

http://www.venturewire.com

http://www.stream5.tv