Zixi Garners $4,000,000 New Financing Round

  • Feed Type
  • Date
    4/11/2011
  • Company Name
    Zixi
  • Mailing Address
    950 Winter St. Waltham, MA 02451
  • Company Description
    Zixi is the leading enabler of flawless broadcast quality HDTV over the Internet. Broadcasters, enterprises and video-on-demand services use Zixi to enrich user experience, create new services and significantly reduce costs. Zixi enables the delivery of live and on-demand HD video content over the Internet in real time and with unprecedented quality. The technology is applicable for multi-media delivery and consumption across a spectrum of industries.
  • Website
    http://www.zixi.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This financing enables Zixi to further establish a world-class team and complete the delivery of our end-to-end infrastructure software-as-a-service (ISaaS) solution to companies that need to broadcast and deliver flawless HD content securely over the Internet with speed and ease.
  • M&A Terms
  • Venture Investor
    Schooner Capital
  • Venture Investor
    Individual Investor