Posted by : Randy Cooper in (CDN)

MEVIO Secures $15 Million in Funding to Support Rapid Growth and Move Into Vertical Entertainment Networks

MEVIO to Offer Advertisers ‘Brand-Safe’ Programming with Audiences that Rival Broadcast Television
Last update: 12:01 a.m. EDT July 9, 2008
SAN FRANCISCO, July 9, 2008 /PRNewswire via COMTEX/ — MEVIO today announced that it has secured $15 million in a Series C funding round led by Crosslink Capital and including Kleiner Perkins Caufield & Byers, Sequoia Capital, Sherpalo Ventures and DAG Ventures. MEVIO will use the investment to continue expansion of its broadband entertainment offering and to launch new vertical entertainment networks that offer advertisers a “brand-safe” platform to reach audiences on the scale and frequency offered by traditional broadcast networks.


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