RipCode Raises $12.5 Million

Jan 09, 2009

RipCode, Inc., a provider of internet and mobile video infrastructure solutions, announced that it has secured more than $12.5 million in additional financing. Granite Ventures led the round alongside existing investors Hunt Ventures, El Dorado Ventures, Vesbridge Partners, and ATA Ventures. RipCode plans to leverage this capital infusion to expand sales, marketing and product development of its media conversion technology.