Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2232ee77-a199-4a23-96f5-2933f30fa845
Date 6/26/2015
Company Name Qwilt
Mailing Address 275 Shoreline Drive Redwood City, CA 94065 USA
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.
Proceeds Purposes The funds, which bring Qwilt’s total capital raised to $65 million, will be used to scale the company, including the acceleration of its go-to-market strategy and support for Tier 1 network operator deployments worldwide. The company will also use the funds to support, enhance and extend its flagship open cache product, the Qwilt Video Fabric solution.