Verismo Networks Garners $17,000,000 New Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6536ec70-52b8-46ae-9f1c-4ee7526ebe44&Preview=1
Date
11/16/2010
Company Name
Verismo Networks
Mailing Address
1451 Grant Road Mountain View, CA 94040
Company Description
Verismo Networks is privately held Internet TV platform company headquartered in Mountain View, CA and with a research and design center located in Bangalore, India.
Website
http://www.verismonetworks.com
Transaction Type
Venture Equity
Transaction Amount
$17,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Verismo will use these funds to accelerate its growth and expand operations to continue to deliver its revolutionary technology to its customers and channel partners worldwide.
M&A Terms
Venture Investor
Intel Capital
Venture Investor
Undisclosed