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Online Video Firm Nokeena Raises $6.5 Million Second Round

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Online video infrastructure firm Nokeena Networks has picked up $6.5 million in a second round of funding—bringing its total raise to just over $15 million. Mayfield Fund led the round, with participation from previous investors; Nokeena will use the new funding for sales and marketing. The Santa Clara, Calif.-based startup’s main product, Media Flow Director, reduces costs and increases the quality of streaming video for content providers (including video publishers, aggregators and ad networks). Release.

Jun 26, 2009 1:34 PM ET

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Posted In: Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, Broadband, mayfield fund, nokeena

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