Imagine raises $15M more, for yet another video streaming technology

Funding Rounds

▤ Summary

Imagine Communications, a company boasting powerful new streaming technology for home broadband providers, has raised a $15 million second round of financing. The firm was founded by Ron Gutman and Doron Segev, previously at BigBand Networks, a company that has sued Imagine for patent infringement. “The timing of this funding is critical as service providers launch and scale HDTV, VOD, SDV (Switched Digital Video), IPTV and other advanced PersonalizedTV™ services and applications. These services will become key for operators to compete in an environment that includes Cable, DBS, Telco and Wireless service providers,” said Imagine’s President and CEO, Jamie Howard. “As the demand grows for these new services, Imagine’s solutions will allow operators to rapidly deploy and scale while delivering optimal video quality with bandwidth efficiency.” The company also says it has developed a targeted ad feature for its platform.

$ Funding

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Amount $15.0M Total raised
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Date October 30, 2007 Announcement date
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Investors Columbia Capital, Imagine LTE Lead investors
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Company http://www.imaginecommunications.com Funded company

▥ Classifications

industries
Entertainment
applications
Anti Piracy

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Labels
Broadcast Software Media Workflow Solutions SaaS

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