Wednesday, April 19, 2006

Widevine Raises $16 Million from Cisco, TELUS

Widevine Technologies, a provider of downloadable content protection and digital forensics solutions, announced strategic investments by Cisco Systems and TELUS. The Series C strategic round, worth a total of $16 million, includes follow-on investment from VantagePoint, Bear Stearns Constellation Ventures, Pacesetter Capital and Phoenix Partners.

Widevine's products enable the acquisition of premium broadcast and video-on-demand (VOD) content from all major studios and broadcasters. The company currently has over ninety telco, cable, satellite and internet service operator customers.

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