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Streamezzo Raises €11 million In Second Round: Report

Streamezzo, a mobile content managment software developer, has raised €11 million in a second round of financing, says a report, quoting Neteco. The investors include Sofinnova Partners and its sister firm, Sofinnova Ventures in the US, joined by other earlier investors. Streamezzo develops content managment software for mobile networks to provide access to mobile TV, radio, and video, as well as phone portal customization. Apparently, the startup is experiencing brisk demand from other cellular network operators. It had raised €5 million in first round in 2004. [Via Alarm Clock]

Apr 27, 2006 2:05 AM ET
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Posted In: Entertainment, Money, M&A & Venture Capital, Social Media, Video

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