Move Networks Closes $46 Million Round
Contentinople | April 15, 2008
Video streaming company Move Networks Inc. has raised $46 million in Series C funding. Last month, the Series C round had been rumored to be in the $34 million range, a number that CEO John Edwards dismissed as low at the time.
The company now confirms the figure is $46 million with Benchmark Capital , Cisco Systems Inc. (Nasdaq: CSCO), Comcast Interactive Media (CIM Labs) , Televisa , Steamboat Ventures , and Hummer Winblad Venture Partners contributing.
