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Ooyala Raises $10 Million More Venture Capital

Friday, October 16, 2009 5:32:00 AM PDT | VentureDeal Staff

Mountain View, California  --  Internet company Ooyala has secured $10 million in its third round of institutional venture capital financing.

Ooyala has developed a high-quality video delivery system and is currently developing content management systems and video ad serving technologies.

Rembrandt Venture Partners led the round, which also included Sierra Ventures.  Proceeds purposes from the funding were not disclosed.

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