Wednesday, March 7, 2012

Mevio Gets $10M In Debt Funding

San Francisco-based Mevio, and online video entertainment site focused on brand-safe video shows, has scored $10M in a venture debt funding, according to ORIX Venture Finance. The two said the $10M is made up of a $7M, term loan and a $3M, revolving credit line. Terms of those loans and lines were not announced by the firms. Mevio is venture backed by Crosslink Capital, DAG Ventures, Kleiner Perkins Caufield and Byers, Sequoia Capital, and Sherpalo Ventures.