Kontiki, Inc., a Sunnyvale, California-based provider of enterprise video solutions, completed a $10.7m Series B funding round.
The investment was led by MK Capital, with participation from New World Ventures and Cross Creek Capital.
The company will use the funds to expand its product development, sales and marketing programs.
Kontiki counts among its customers large companies in the financial services, retail, technology, telecommunications and manufacturing market sectors.
Offered in a SaaS-based model, the company’s Enterprise Content Delivery Network is designed to make it practical for organizations to introduce or extend the use of live video, video on-demand (VOD), video conferencing and telepresence.
Founded in 2000, Kontiki has sales offices in Denver, Dulles, and London.
FinSMEs
20/10/2010