Avail Media, acquires ViewNow, for video-on-demand boost

September 13, 2007 | Matt Marshall

Avail Media, which provides video-on-demand programming, has acquired (see release) a similar company, ViewNow, from Sunnvale, Calif.’s Kasenna Inc.

Avail, of Reston, Va., didn’t disclose the amount of the deal.

Avail raised $17 million raised a second round of capital earlier this year from Novak Biddle Venture Partners and Columbia Capital.

ViewNow has deals with Buena Vista/Disney, DreamWorks SKG, Lions Gate Films, NBC/Universal, New Line Cinema, Paramount, 20th Century Fox and Warner Bros.

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Tags: deal

About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.