Tuesday, September 29, 2009

Blackwave Raises $7 Million for Video Storage Infrastructure

Blackwave, a start-up based in Acton, MA., closed $7 million in series C funding to support its integrated storage and delivery platform.


The Blackwave R6 platform allows Content Delivery Networks (CDNs), telcos, wireless network operators, content publishers and video aggregators to store and deliver video in multiple protocols from a single platform. A single rack of Blackwave's system enables storage and delivery of video and rich media via HTTP, Flash Media Server (FMS), and Windows Media Server (WMS) at a useable bandwidth of 30Gbps.


The new funding brings total venture and strategic capital funding to more than $29 million. This latest funding includes continued investment by Globespan Capital Partners, Flybridge Capital Partners and Sigma Partners.
http://www.blackwave.tv

  • Blackwave is headed by Robert Rizika, who previously served as Senior Vice President, Worldwide Sales & Entertainment Strategy, for Macrovision Corporation. Blackwave's technical team is headed by Mike Kilian (CTO), who most recently w as the Distinguished Engineer in the Cloud Infrastructure and Services Group at EMC; Muriel Medard (Chief Scientist), who is a Professor in the Electrical Engineering and Computer Science Department at MIT; and Bob Scheifler (Chief Architect), who previously served as a Distinguished Engineer at Sun Microsystems.

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