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Conviva Raises $20M in Series B

Light Reading
News Analysis
Light Reading
8/25/2008

Video management firm Conviva Inc. announced today that it has raised a $20 million financing round to target broadcasters and sports leagues that want to broadcast live video on the Internet.

The Series B round was led by UV Partners and includes existing investors New Enterprise Associates (NEA) and Foundation Capital . Altogether, the company has raised a total of $29 million.

To read the full story on Contentinople, click here.

– Ryan Lawler, Contentinople

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