Nokeena Networks raises $8.7M for faster streaming video
A stealthy content accelerator called Nokeena Networks has raised $8.7 million in a first round of funding, with an aim to sell a hardware appliance that will better process and transmit video across networks.
The company is specifically directing its efforts toward high-quality video, according to a story in The Deal, which first reported the funding in a story about its investors.
Clearstone Venture Partners and Trinity Ventures led the $8.7 million investment in Nokeena, which is based in Santa Clara, Calif.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.