Envivio Closes $25million
Envivio, a provider of IP video convergence encoding solutions from mobile to HD, has closed $25 million in new venture capital funding. This significant investment follows a period of exceptional growth at Envivio, averaging above 
55% annually for the past five years, driven by major customer deployments for contribution and distribution applications in the Mobile TV, Internet TV and IPTV markets. Envivio has also completed the expansion of its senior management team with the appointments of John McAdoo as Chief Financial Officer and Richard Stanfield as Chief Operating Officer.
Envivio Inc. is a technology provider of IP-based MPEG-4 video systems and solutions for telcos, enterprises, and broadcasters.
The $25 million in financing is being co-led by [Read more]
