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 and algorithms created by leading video software partners, software developers, and universities from around the world. The open source model allows the Avidence system to continue to expand in scope… 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.