Home › DMW Daily › September 30, 2009

Blackwave Secures $7 Million for Web Video Storage, Delivery

Authored by Mark Hefflinger on September 30, 2009 - 9:07am.
Acton, Mass. - Blackwave, a developer of Internet video storage and delivery infrastructure, announced on Wednesday that it has closed a $7 million, third round of venture capital financing.

Previous backers including Globespan Capital Partners, Flybridge Capital Partners and Sigma Partners participated in the round, proceeds from which will go to funding the company's online domestic and international sales and marketing expansion.

Founded in 2006 as Acinion, Massachusetts-based Blackwave provides its storage and delivery platform to content delivery networks, telcos, wireless network operators, content publishers and video aggregators.

The company has raised more than $29 million to date.

 

Related Links:
http://www.blackwave.tv/

Published in DMW Daily, September 30, 2009
tags: Deals | VC | Video | Sigma Partners | Flybridge Capital Partners | Globespan Capital Partners | Blackwave |



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.