Imagine raises $15M more, for yet another video streaming technology
Imagine Communications, a company boasting powerful new streaming technology for home broadband providers, has raised a $15 million second round of financing.
The San Diego, Calif. company has R&D in Israel. The round was led by Court Square Ventures, and included previous backers Columbia Capital and Carmel Ventures.
The firm was founded by Ron Gutman and Doron Segev, previously at BigBand Networks, a company that has sued Imagine for patent infringement.
From the company’s statement:
The new financing will… Continue Reading
BigBand Networks prices IPO shares at $13, to start trading today
BigBand Networks, a Redwood City, Calif. provider of routers for broadband networks, has priced its initial public offering shares at $13 per share, allowing it to raise $139 million.
It will offer 10.7 million shares for trading, which begins today.
This is the first IPO for Redpoint Ventures, a seven-year-old venture capital firm that was an early backer of Bigband, and owns 22.5 percent of the company.
Other major shareholders include Charles River Partners (19 percent), Meritech Capital… Continue Reading
Cable networks supplier, Bigband, files for $140M IPO
BigBand Networks, a Redwood City, Calif. company that sells technology to cable operators so they can offer video, voice and data services, has filed to go public and raise up to $140 million in common stock.
The company has raised about $100 million in financing since 1999 from multiple venture firms, including Redpoint Ventures, Cedar Funds, Charles River Partners, CommVest, Lauder, Meritech Capital, Time Warner Investments and Pilot House Ventures.