Tech Company Financing Transactions
Veveo Funding Round
On 4/29/2008, Veveo announced $7.8 million in financing from Norwest Venture Partners.
Transaction Overview
Company Name
Announced On
4/29/2008
Transaction Type
Venture Equity
Amount
$7,800,000
Round
Undisclosed
Investors
Norwest Venture Partners (Promod Haque)
Proceeds Purpose
The move will offer Veveo the opportunity to expand into thethe lucrative Indian market - the fastest growing mobile market in the world - and offer more than250,000 million Indian mobile users the opportunity to experience vtap; the most advanced web videoservice available today.
Company Information
Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
40 Shattuck Road 303
Andover, MA 01810
USA
Andover, MA 01810
USA
Phone
Website
Email Address
Overview
Veveo's mission is to simplify access to web video content from Internet-connected devices. Our vTap solution is a quick and easy way to experience web videos from input and display constrained devices such as mobile phones and TVs.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Murali Aravamudan
Chief Financial Officer
Harris Fishman
Founder
Ajit Rajasekharan
General Manager
Daren Gill
Vice President
Rakesh Barve
VP - Bus. Development
Guru Pai
VP - Sales
Mike Koenig
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Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data is sourced from VentureDeal.com, an affiliated venture.
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