Blackwave Secures $7 Million in Funding

Oct 02, 2009

Internet video storage and delivery developer Blackwave announced that it has successfully completed a $7 million round of series C investment, bringing its total venture and strategic capital funding to more than $29 million. The funding includes continued investment from Globespan Capital Partners, Flybridge Capital Partners, and Sigma Partners. The company plans to use the capital to fund ongoing domestic and international sales and marketing expansion.