BigBand Networks Raises $15 Million

BigBand Networks, a start-up based in Redwood City, California raised $15 million in fourth round funding to support its broadband multimedia platform. BigBand's platform, which has been shipping for six quarters, is used for switching/routing video feeds for digital broadcast television, HDTV, transport of high quality video, ad insertion, VOD and iTV. The company claims 20 broadband network operators as customers, including seven of the top ten North American cable operators. The new funding was led by Meritech Capital Partners. Prior investors also participated in the round, including AOL Time Warner Ventures, Charles River Ventures, Evergreen Investments, Pilot House Ventures and Redpoint Ventures. BigBand Networks has raised $75 million to date.
http://www.bigbandnet.com