A stealthy content accelerator called Nokeena Networks has raised $8.7 million in a first round of funding, with an aim to sell a hardware appliance that will better process and transmit video across networks.
The company is specifically directing its efforts toward high-quality video, according to a story in The Deal, which first reported the funding in a story about its investors.
Clearstone Venture Partners and Trinity Ventures led the $8.7 million investment in Nokeena, which is based in Santa Clara, Calif.
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