Broadband Video

Broadband Video Delivery Firm Kasenna Raises $15 Million

Authored by Mark Hefflinger on July 8, 2004 - 6:34am.

Mountain View, Calif. -- Kasenna, a provider of broadband video delivery services for the telecom, cable, hospitality and other industries, announced on Thursday that it has raised $15 million in its latest round of venture capital financing. Key Ventures led the investment round; new investor AsiaTech Management, as well as previous investors US Venture Partners, Alloy Ventures, OM Technology Investments Partnership, Artiman Ventures, CIR Ventures and The Entrepreneurs' Fund also participated. Mountain View, Calif.-based Kasenna, which recently acquired rival ViewNow, provides IP video infrastructure, applications and video-on-demand programming for video services. The company said the new funds will take it well into profitability, as well as enable it to accelerate its expansion into cable and telco service provider markets around the world.

tags: VC | Kasenna | Broadband Video |

Broadband Video Network Provider Kasenna Acquires ViewNow

Authored by Mark Hefflinger on May 19, 2004 - 7:58am.

Mountain View, Calif. -- Kasenna, a maker of broadband video network systems, announced that it has purchased the business of ViewNow, a provider of video-on-demand programming, management and marketing services to cable and telecom providers. Financial terms of the deal were not disclosed. The ViewNow business will become a division of Kasenna, and will operate from its current locations in Bend, Ore. and Santa Monica. Steve Roberts, the president of ViewNow, also will remain with the combined company as president of the new division. Kasenna said that the deal will allow it to offer video-on-demand infrastructure and applications, as well as video-on-demand programming.

tags: Kasenna | Broadband Video | ViewNow |