Streamezzo Secures Over $22 Million In Round C

Dec 18, 2007


      Bookmark and Share

BEST PRACTICES SERIES

Streamezzo, a provider of rich media solutions and platforms for mobile communications, announced it has secured Round C financing totaling over $22 million. To date, the company has raised a total of $48 million (33 million Euros) from an expanded roster of investors. Kuwaiti investment group NTEC (National Technology Enterprise Company) joins the latest round, along with all of Streamezzo's existing investors. In addition to NTEC, investors participating in Streamezzo's successful Round C financing include: Sofinnova Partners, AXA Private Equity, I-Source Gestion, Sofinnova Ventures, Qualcomm, and GET Valorisation.

(www.streamezzo.com)