Qwilt Lands $16,000,000 Series C Funding

  • Feed Type
  • Date
    7/31/2013
  • Company Name
    Qwilt
  • Mailing Address
    275 Shoreline Drive Redwood City, CA 94065
  • Company Description
    Qwilt addresses the impact of OTT video on operator networks with a unified, turnkey solution that combines transparent caching, video delivery and analytics technologies deployed at the subscriber edge.
  • Website
    http://www.qwilt.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $16,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    The new investment will be used to expand its international sales and engineering teams to meet global network operator demand for its flagship product, the Qwilt QB-Series Video Fabric Controller.
  • M&A Terms
  • Venture Investor
    Bessemer Venture Partners
  • Venture Investor
    Accel Partners
  • Venture Investor
    Redpoint Ventures
  • Venture Investor
    Marker