Anevia secures $7m in capital investment
April 10, 2009
Anevia, supplier of IPTV and VOD solutions, has secured $7 million in a second round of financing led by Seventure Partners alongside CDC Innovation, a shareholder from the first round funding in 2005. Anevia leads the IPTV market with more than 10,000 live channels and over 4 million end users on the telecoms and hospitality markets. This new round of funding will enable Anevia to increase its international presence and finance the roll out of its Triple Screen strategy. Anevia's solutions allow customers to broadcast audiovisual content live or on-demand simultaneously over TVs, PCs and mobile phones.