Tuesday, December 02, 2008

ExtendMedia Lands $10 Million for Online Video DistributionNewton, MA

ExtendMedia, a Newton-based provider of online video distribution services, has raised a $10 million third round of venture capital financing, PEHub.com reported, citing a regulatory filing. Investors in the round include previous backers Atlas Venture, Venrock Associates and TVM. ExtendMedia provides a platform for managing and publishing video to PCs, televisions and mobile devices. The company has created video download services for customers including Showtime, Bell Canada and SanDisk.



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