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