Avidience, a video-for-business-application company, raises $5M

Avidence, a Sunnyvale, Calif. maker of open source software for inserting video in business applications, said it has raised $5 million in first round financing from Red Rock Ventures and ArrowPath Venture Partners.

From the company’s statement:

The Avidence Video Application Server uses open source components… Continue Reading

Avidence, provider of digital video software for businesses, raises $5M

Avidence, a Sunnyvale, Calif. company that wants to provide digital video software to businesses, has raised around $5 million in a first round of funding, according to a regulatory filing cited by PE Week. Investors include ArrowPath Ventures and Red Rock Ventures.