Deal Announcements

Avail Media Secures $17 Million Expansion Round

Wednesday, May 16, 2007 5:00:00 AM PDT | VentureDeal Staff

RESTON, VA -- IPTV company Avail Media has received $17 million in series B financing from two venture capital firms.

Avail provides managed content services through a fully integrated head end infrastructure for the profitable deployment of IP video.  Its customers are telecom carriers and Internet Service Providers.

The round was co-led by Novak Biddle Venture Partners and Columbia Capital.  Avail was formed by the merger of Auroras Entertainment and Broadstream Communications earlier this year.  The company intends to use the funding proceeds to expand its suite of services and hire additional personnel for operations and technology development.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.
Venturedeal Twitter Venturedeal Facebook Venturedeal Linkedin

PCI - Level1