Tag: investment


EveryZing has
closed an $8.25MM round of funding from its existing investors, which include Fairhaven
Capital, General Catalyst Partners, Accel Partners and BBN Technologies, and added
GE/NBCU’s Peacock Equity Fund as an investor.

Adding to its growing roster of broadcast media companies, EveryZing today also announced
the company has been selected by NBC Universal to deploy its universal search and
publishing solutions across a range of NBCU’s Internet properties. The agreement marks
EveryZing’s largest deal to date and continues the company’s strong growth from 2008.

EveryZing’s products address an evolving business need that stems from the rise of
new media consumption to enable its customers – providers of online news, entertainment,
sports and business – to improve the search experience, build consumption of their
multimedia content and better capitalize on the $20 billion online advertising market.

As part of the NBCU agreement, NBC will integrate EveryZing’s full solution suite
— including MediaCloud, ezSEO, ezSEARCH and MetaPlayer — into its Media Works platform,
which aligns the network’s technology, operations, software solutions and corporate
support. EveryZing will power video search and automated publishing applications for
several NBCU business units, starting with CNBC, NBC Digital Networks, and NBC Global
Networks. EveryZing’s technology will allow NBCU’s digital properties to expand faster,
add more content, and reach greater audiences.

In a highly competitive landscape, EveryZing now counts three out of the four major
networks as customers. In the past year, the company has grown its customer base five-fold
and experienced rapid revenue growth.


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EveryZing Closes $8.25M Funding Round, Inks Deal with NBC Universal

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Edgeware Secures $8M in Series B Financing


Edgeware has
closed a $8 million series B round of funding led by new investor, Micron Technology
with full participation from Edgeware’s Series A investors, Amadeus Capital Partners
and Creandum Advisor.

The funds will be used to accelerate Edgeware’s increasing presence in the global
market. In particular, it will strengthen the ambitions in the North American market
where the company already has a number of key customers.

Edgeware provides server systems and associated technology for TV services over the
Web and for TV on-demand services in Telco and cable network environments. Edgeware
was founded in 2004 with the idea of merging delivery capability of on demand TV and
video services into the service provider network, using highly efficient dedicated
network appliances.

Different from competing products that are usually based on generic computer hardware,
Edgeware’s servers are dedicated, highly efficient network appliances that are deployed
in anything from central clusters to highly distributed architectures. Edgeware uses
a combination of NAND flash memory storage and a hardware implemented data plane to
obtain a solution which is highly reliable and by orders of magnitude smaller in footprint
and power consumption.

Edgeware is the supplier of revolutionary server systems for on-demand TV, setting
new industry standards for video streaming over IP. Edgeware enables VoD, Time Shifted
TV, Web TV and Ad-insertion services, with unmatched scalability and at the lowest
investment and operational cost on the market.

Edgeware is nominated for the 2009 IPTV World Series Awards in two categories:

  • “Best On-Demand Technology for IPTV” and “Best Internet TV Technology/Solution”.
  • These solutions will be showcased at IPTV World Forum in London, March 25-27, Booth
    226.

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Edgeware Secures $8M in Series B Financing

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OVGuide Receives $5 Million in Funding

OVGuide_logo.png
OVGuide.com has
received $5 million in venture capital funding from Baroda Ventures LLC, one of Los
Angeles’ leading VC firms. In addition, OVGuide.com in January 2009 saw its first
operational month as a profit-making entity. The funding will be invested in engineering
resources to further develop the Web’s most powerful search engine for both short-
and long-form online video. OVGuide.com has served hundreds of millions of searches,
directing millions of users to thousands of online video sites such as South Park
Studios, theWB.com, Fancast, ESPN, Funny or Die and Hulu.

OVGuide.com’s proprietary search technology helps those who watch online content cut
through the clutter of the thousands of online video sites on the Internet. OVGuide.com’s
search engine delivers the best quality and most relevant video destination source
for any search term. OVGuide.com categorizes online video content and its editors
make independent recommendations to users, making the online video search process
fast, efficient and, above all, human.

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OVGuide Receives $5 Million in Funding

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Links for 2009-01-13 [del.icio.us]

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