Tech Company Financing Transactions
VeriVue Funding Round
VeriVue closed a $25 million Series A investment round on 5/2/2007. Investors included Matrix Partners and Spark Capital.
Transaction Overview
Company Name
Announced On
5/2/2007
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Networking
Mailing Address
3 Carlisle Road
Westford, MA 01886
USA
Westford, MA 01886
USA
Phone
Website
Email Address
Overview
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.
Management Team
Title
Name
Email & Social
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