Monday, February 6, 2012

Conviva Gets $15M From Time Warner

San Mateo-based Conviva, which provides video quality optimization and analytics tools, announced today that it has raised $15M in a new round of funding. The funding was led by Time Warner Investments. The firm said the funding will go towards sales and marketing, and to grow its market. Conviva is headed by Darren Feher, and also has previously raised funding from Foundation Capital, GGV Capital, New Enterprise Associates, and Pelion Ventures. The firm did not say if those prior backers also participated in this funding round. More information »