VMIX, a San Diego, CA-based online video platform provider, has received a $2.5m round of Series C venture funding.The funding, which bribgs the total amount raised in venture capital to date to $26m, will allow the company to expand into more markets and roll out service operations in Europe and Asia.
VMIX is currently establishing local ingestion, encoding, storage and delivery services in Western Europe and Singapore.
Customers include news, entertainment and enterprise companies including ESPN, Raycom Media, Penguin Books, The McClatchy Company, Toyota-Scion, and Post Newsweek Television Stations.
FinSMEs
09/09/2010