Qumu Receives $10,700,000 Series C Financing Round

  • Feed Type
  • Date
    7/21/2008
  • Company Name
    Qumu
  • Mailing Address
    1100 Grundy Lane San Bruno, CA 94066
  • Company Description
    Qumu’s software solution enables organizations to easily capture, manage, publish and distribute live and on-demand video content while leveraging existing IT infrastructure.
  • Website
    http://www.qumu.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,700,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The company will use the funds to continue to accelerate its product development efforts and expand its sales and marketing operations.
  • M&A Terms
  • Venture Investor
    Advanced Technology Ventures
  • Venture Investor
    Storm Ventures
  • Venture Investor
    SAP Ventures
  • Venture Investor
    Garage Technology Ventures
  • Venture Investor
    The Angels’ Forum
  • Venture Investor
    The Halo Funds