Sezmi Receives $25,000,000 New Financing Round

  • Feed Type
  • Date
    11/16/2009
  • Company Name
    Sezmi
  • Mailing Address
    1301 Shoreway Road Belmont, CA 94002
  • Company Description
    The evolution of digital media has introduced tremendous innovations in video entertainment that collectively represent the most significant disruption in the TV industry since the introduction of cable TV.
  • Website
    http://www.sezmi.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $25,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    “This new funding places Sezmi in a strong financial position as we offer our service to the public and prepare for the next stage of expansion,” said Buno Pati, chief executive officer of Sezmi. “We are very pleased to have the enthusiastic support of our investors and partners as we continue to execute on our plan.”
  • M&A Terms
  • Venture Investor
    Morgenthaler Ventures
  • Venture Investor
    Omni Capital Group
  • Venture Investor
    Northleaf Capital
  • Venture Investor
    Index Ventures
  • Venture Investor
    Legend Ventures
  • Venture Investor
    Undisclosed