Tuesday, April 7, 2009

Anevia Secures $7 Million for IPTV Solutions

Anevia, a start-up based near Paris, secured US$7 million in a second round of financing for its IPTV and video on demand (VoD) solutions. Anevia is a video service infrastructure provider offering a single end-to-end solution delivering interactive, IP-based video services to TV, PC, Internet-connected and mobile devices. The company claims 300 customers in 50 countries, several million of users and 10,000 live channels carried over its systems. Anevia targets service providers as well as the hospitality market.

The new funding was led by Seventure Partners alongside CDC Innovation, a shareholder from the first round funding in 2005. Aelios Finance advised Anevia on the transaction.

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