Tuesday, July 6, 2004

Kasenna Closes $15 Million for Broadband Video

Kasenna, a start-up based in Mountain View, California, completed a new $15 million round of private equity investment for its broadband IP video solutions. Kasenna recently announced two new major product line extensions -- vFusion and vForge -- along with the acquisition of ViewNow's content resources and studio relationships, new partnerships with SecureMedia, and customer wins that include Charter Cable, PrairieWave Communications, and Iowa Networks.

Key Ventures led the new funding round while another new investor, AsiaTech Management, and previous investors (including US Venture Partners, Alloy Ventures, OM Technology Investments Partnership, Artiman Ventures, CIR Ventures, and The Entrepreneurs' Fund) also joined in the funding. http://www.kasenna.com