VeriVue Secures $20,000,000 Series C Financing Round

  • Feed Type
  • Date
    9/9/2009
  • Company Name
    VeriVue
  • Mailing Address
    3 Carlisle Road Westford, MA 01886
  • Company Description
    The growth and popularity of digital media has created a whole new set of challenges for network operators. Delivering large files at high bit rates from ever-expanding content libraries drives rapid and unpredictable growth in video traffic. Traditional server-based delivery methods are becoming less effective, more costly and they only exacerbate the network connectivity problem.
  • Website
    http://www.verivue.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Sigma Partners
  • Venture Investor
    Undisclosed