Monday, May 12, 2008

Veodia Finds $8.3M

San Mateo-based Veodia said Monday that it has raised $8.3M in a Series A funding. The round came from Clearstone Venture Partners, the D.E. Shaw group, and angels led by Steven Berger. Veodia said the funding will go towards product development and hiring. Veodia develops h.264/MPEG-4, high quality video streaming software. More information »