Conviva Inc., a San Mateo, CA-based video quality optimization and advanced analytics solution provider, has closed a $15m funding.
The round was led by Time Warner Investments, the investment arm of Time Warner Inc.
The company intends to use the funding to accelerate its growth in international markets and to expand their staff (http://conviva.theresumator.com/).
Led by CEO Darren Feher, Conviva operates a large scale Software-as-a-Service platform that manages the distribution and monetization of online video through a real-time control network incorporating stream data processing and optimization technologies built in-house that track and control individual video players at the granularity of seconds. Customers include top broadcasters (HBO, ABC, NBC, FOX), content aggregators (Ustream) and sports leagues (ESPN, Turner Sports, MLB).