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New Round of Financing from SoftBank Ventures Korea, Altos Ventures, and New Atlantic Ventures Will Drive Innovation in IP-Based Video, Expand Global Market Presence
TVU Networks, the global technology leader in mobile live broadcast solutions, announced today that the company has secured a new round of investment funding. SoftBank Ventures Korea (SBVK) has joined TVU’s initial investors Altos Ventures and New Atlantic Ventures in providing a new round of funding that will enable TVU to accelerate its industry-leading innovation in IP-based video transmission, management and distribution solutions; further its market leadership in North America, Asia, the Middle East and Africa; and expand its global market presence in Europe and Latin America.