Rinera Networks raises $9M for video distribution
Rinera Networks, a San Mateo, Ca. online video distribution start-up, has raised $9 million in a first round of funding from New Enterprise Associates and Foundation Capital.
See the statement here.
Dr. Hui Zhang, President, and Dr. Ion Stoica, CTO, founded Rinera to address unsolved problems in delivering high quality video over the Internet, the company said.
Here’s a snippet from the release:
Dr. Zhang from Carnegie Mellon University and Dr. Stoica from U.C. Berkeley are considered… Continue Reading