Broadband Enterprises secures $10 million equity investment
Broadband Enterprises has received a $10 million strategic equity investment from Velocity Interactive Group.
The money raised will complement re-invested free cash flow and be used to accelerate the Company’s strategic growth initiatives, including expanding the breadth and depth of content – through partnerships with established media companies and from emerging video producers – and launching new client-centric, scalable technology solutions.
Related posts:
- Metacafe secures $30 million in Series C financing
- Undertone Networks receives strategic investment from JMI Equity
- Palm secures $100 million equity funding
- Glam Media to expand globally, secures $64.6 million funding
- Education.com secures $9.75 million funding
Comment with Your Facebook Account
What do you think?