Avail Media, IPTV video provider, raises $25 million

Avail Media, provides telecommunications companies like AT&T with video programming from MTV, FOX, Disney and other media companies. It has closed another large round of funding.

The Reston, Va.-company has raised $25 million in funding from Valhalla Partners, Columbia Capital, Novak Biddle Venture Partners and Pioneer Ventures. It has also raised $5 million in debt financing came from Silicon Valley Bank and an un-named strategic investor.

It has previously raised $12 million and even purchased a competitor, ViewNow, in September (more here).

Avail has distribution rights to more than 300 channels from national programming such as MTV Networks, Fox Networks, ABC-Disney, Turner, Discovery, and others. It provides encryption services for these videos.

Next Story: LesConcierges raises $2.4M for concierge service
Previous Story: Life sciences briefing: Friday, Nov. 30, 2007