ernstiryastrov.blogspot.com
million in its third round led by AdvancedTechnology Ventures. , Stor m Ventures, , Halo Opportunity Fund and the Angels Forumalso invested. The companhy will spend the money to speed up productf development andexpand marketing. It has raised more than $18.78 million to date. "We're helpinfg customers like connect to each othedr on adaily basis," said Ray Qumu's CEO. "We've got a wholed strategy of going to market with big firms to delivetr thebest services.
" In June, Emeryville-based Qumu signef a strategic partnership deal with T) where the telecommunication giant will use the startup'a technology -- one of three -- to distribute video and multimediaz content. Qumu currently employs 55 people, doublew last year's numbers, and seek to add more channel salespeopleand engineers. Customers include (NYSE: ABT), (NYSE: C), DELL) and (NASDAQ: EBAY). Media Publisher, whicb was renamed Qumu in February, was started in 2003 after beinh spun offby (NASDAQ: YHOO). Accordingt to the company, Qumu is a bear'sa "firepower within," from Native Americabn mythology.
"Media Publisher was kind of generic, so we decidefd to rebrand ourselves," Hood "Qumu was two syllables, less than five letterds and the namewas available, so that was
No comments:
Post a Comment