Movik Nabs $8.5 Million

Movik, a Littleton, MA, startup developing software to speed delivery of content to mobile devices, has raised $8.5 million in new equity-based financing, according to regulatory documents filed Friday. Existing investors Highland Capital Partners and North Bridge Venture Partners participated in the round. Movik CEO Ramji Raghavan is a former general manager at Telsima, founder and former chief technology officer at Coriolis Networks, and a veteran of Digital Equipment and Cabletron.

Wade Roush is a freelance science and technology journalist and the producer and host of the podcast Soonish. Follow @soonishpodcast

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