Video - Monday, February 19, 2007
Enterprise Video's Avidence Raises $5M
Sunnyvale's digital video software maker Avidence has raised around $5M in Series A from ArrowPath Ventures and Red Rock Ventures.
The company is hiring up but remains in stealth mode. Its led by CEO Frank Bishop who was VP and GM at Siebel Systems and CMO Param Singh who was an entrepreneur in residence at Outlook Ventures VP and GM at Infoseek/Disney Internet Group.
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