SundaySky Ltd. Secures $8 Million

Jan 09, 2009


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SundaySky Ltd., a digital video solution provider, announced that it has completed an $8 million Series A round of funding led by Carmel Ventures and Globespan Capital Partners. SundaySky’s platform enables web sites to automatically convert their content into high quality video clips. This round of investment will allow the company to expand its marketing, sales, and business development activities mainly in the US while continuing to develop its product line.

(www.carmelventures.com, www.globespancaptial.com)