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April 26, 2006
Streamezzo Taps VCs As Demand For Its Mobile Media Grows
Mobile media content managment system developer, Streamezzo, has raised €11M in a second round of financing, according to Neteco. Sofinnova Partners and sister company, Sofinnova Ventures in the US, participated along with earlier investors. The startup develops content managment software used by mobile network to provide access to mobile TV, radio, and video, as well as phone portal customization. The firm calls it Rich Media.
Streamezzo's software delivers a user interface that is a lot like the programming guides we're used to on Pay TV and digital TV but clearly designed for the cellular phone.
Streamezzo is hiring in the US and has established some partnerships for targeting the Asian market. According to the Neteco article, the startup is experiencing brisk demand from other cellular network operators and that is reason it raised the new capital. Its first round, of €5M, was raised in 2004
Streamezzo's software delivers a user interface that is a lot like the programming guides we're used to on Pay TV and digital TV but clearly designed for the cellular phone.
Streamezzo is hiring in the US and has established some partnerships for targeting the Asian market. According to the Neteco article, the startup is experiencing brisk demand from other cellular network operators and that is reason it raised the new capital. Its first round, of €5M, was raised in 2004.
Read - Neteco lève €11million (Neteco)
Posted on April 26, 2006 09:06 PM | Posted to Venture Capital | Permalink
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