Qumu raises $10.7M for enterprise video
Qumu, which provides the infrastructure for the use of video communication in a corporate environment, has raised $10.7 million in a third round of funding. The round was led by Advanted Technology Ventures.
The Emeryville, Calif. startup’s enables live and on-demand webcasts, recorded video conferences, employee training executive briefings and product announcements. Customers include AT&T, Dell, Microsoft and eBay.
SAP Ventures, Storm Ventures, Garage Technology Ventures, Halo Opportunity Fund and the Angels Forum also participated. We wrote about this round a month ago, but since this news comes from the Qumu itself (and includes a bigger funding amount), it’s more accurate and up-to-date.
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About the Author, Anthony Ha
Anthony is VentureBeat's assistant editor, as well as its reporter on enterprise technology, cloud computing, and tech policy. Before joining VentureBeat in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. You can also follow Anthony on Twitter.