TVU Networks, a Mountain View, Calif.-based global provider of mobile live broadcast solutions, secured a new round of funding.
The amount of the deal was not disclosed.
SoftBank Ventures Korea (SBVK) has joined initial investors Altos Ventures and New Atlantic Ventures.
The company intends to use the capital to accelerate innovation, continue to grow in North America, Asia, the Middle East and Africa, and expand its global market presence in Europe and Latin America.
Founded in 2005 and led by Paul Shen, CEO, TVU Networks provides broadcast organizations around the globe with wireless electronic newsgathering (ENG) and Internet broadcasting solutions.
The company has offices in New York, Boston, Raleigh, North Carolina and Shanghai, and China.
The TVUPack family of products has been used to deliver live HD footage of a number of important events on every continent including the London Olympics, U.S. presidential election primaries, the World Cup, Hurricane Sandy, the World Series, and the Super Bowl.
FinSMEs
20/02/2013