Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ca2dfa7a-1a01-409c-9487-51e91240a4eb&Preview=1
Date 3/17/2010
Company Name Panvidea
Mailing Address 245 W 17th Street New York, NY 10011
Company Description Panvidea is a global leader in the preparation, processing and distribution of professional entertainment and advertising content across any digital platform. Originally founded as mPOINT in November 2007, the company re-branded in Spring 2010 with co-founder Chris Cali as CEO, to become Panvidea. Panvidea provides the only instantly scalable, on-demand solution to encode digital media elements, manage relevant metadata, edit and transform media for multiple audiences, and supply content as digital products to any platform or device. No other on-demand provider supports as wide a range of professional formats, post-production operations and video workflow tools.
Proceeds Purposes The capital is being used to significantly invest in both immediate and ongoing product development and to re-launch the brand within the market.