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November 12, 2012 09:47 pm GMT

LiveU Picks Up Another $27M Led By Lightspeed For Its B2B Mobile Video Transmission Tech

liveu in actionLiveU, a provider of video transmission technology that works over cellular and WiFi networks, and is used by media companies (including TechCrunch, but also the BBC and NBC) that need to record and transmit video on the go, has raised another $27 million in funding. This round was led by new investor Lightspeed Venture Partners, and also included participation from existing investors Canaan Partners, Carmel Ventures and Pitango Venture Capital. The total raised by LiveU since 2006 is $50 million.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/B6Y3Cg06Yfs/

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