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 Companyâ€™s strategic growth initiatives, including expanding the breadth and depth of content â€“ through partnerships with established media companies and from emerging video producers â€“ and launching new client-centric, scalable technology solutions.
Originally posted on January 17, 2008 @ 11:12 am
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