Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=ce84ce89-2f50-4e26-8dbe-708a86552179&Preview=1
Date 2/20/2013
Company Name TVU Networks
Mailing Address 1225 Pear Avenue Mountain View, CA 94043
Company Description TVU networks enables any size broadcaster to effectively monetize their content through a live Internet TV platform which reaches the entire world, has unlimited channel capacity, and allows for very low broadcasting costs. Viewers can watch global TV content from anywhere – at home, at work, in the park, or on business trips. The TVU service, accessed via its free TVUPlayer application, has been downloaded 25 million times by viewers in over 200 countries.
Proceeds Purposes The new round of funding that will enable TVU to accelerate its industry-leading innovation in IP-based video transmission, management and distribution solutions; further its market leadership in North America, Asia, the Middle East and Africa; and expand its global market presence in Europe and Latin America.