Video transmission technology company LiveU raises $9M

LiveU builds video transmission technology that transmits live videos over wireless networks including 3G, Wi-Fi and WiMAX to the internet and television.

The Fair Lawn, New Jersey company has raised $9 million from Canaan Partners and Carmel Ventures.

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About the Author, Eric Eldon

Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.