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March 14, 2007
Ex-Tandberg Team Raises Second Round For Video over IP
T-Vips, the Oslo based startup targeting cable and TV operators with its video gear, has raised a second round of NOK 14M (about €1.75) from early investors Northzone and Selvaag Venture Capital.
It's one of those rare European Union ICT Grand Prize finalists that actually raised venture capital, an emerging trend. Either VCs are encouraging their startups to participate or the contest's jury is getting better at judging what's innovative.
Light Reading also has high expectations for this Norwegian startup.
REad Top Ten New Startups (lightreading)
Read - press rel (T-vips)
Posted on March 14, 2007 12:02 PM | Posted to News And Updates | Permalink
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