Wednesday, February 29, 2012

Kontiki Lands $5.1M For Enterprise Video

Sunnyvale-based Kontiki, which provides video content delivery services to the enterprise, said it has raised $5.1M in a Series C funding round this morning. The firm said the funding came from existing investors MK Capital, New World Ventures, Cross Creek Capital and Hatteras Funds, along with its Chairman, Todd Johnson. Kontiki said the new round will go to accelerate growth at the firm. Kontiki is led by Dan Vetras. The firm's platform allows companies to deliver video throughout their companies without investing in their own infrastructure. More information »