Qumu raises $10.7M for enterprise video
Qumu, which provides the infrastructure for the use of video communication in a corporate environment, has raised $10.7 million in a third round of funding. The round was led by Advanted Technology Ventures.
The Emeryville, Calif. startup’s enables live and on-demand webcasts, recorded video conferences, employee training executive briefings and product announcements. Customers include AT&T, Dell, Microsoft and eBay.
SAP Ventures, Storm Ventures, Garage Technology Ventures, Halo Opportunity Fund and the Angels Forum also participated. We wrote… Continue Reading
Qumu raises $8.6M for enterprise video efforts
Enterprise video company Qumu has raised a $8.6 million third found of funding.
As Qumu says on its site “video plays an increasingly strategic role in the way enterprises communicate internally and externally.” Qumu customers including AT&T, Abbott Labs, Capital One, Citigroup, Dell and eBay likely agree with that.
The company was formerly know as Media Publisher but that was probably a bit too generic for a large enterprise video company, so they decided to rename the… Continue Reading