Qwilt Secures $25,000,000 Series D Funding

  • Feed Type
  • Date
  • Company Name
  • Mailing Address
    275 Shoreline Drive Redwood City, CA 94065 USA
  • Company Description
    Qwilt addresses the impact of OTT video on operator networks with a unified, turnkey solution that combines transparent caching, video delivery and analytics technologies deployed at the subscriber edge.
  • Website
  • Transaction Type
    Venture Equity
  • Transaction Amount
  • Transaction Round
    Series D
  • Proceeds Purposes
    The funds, which bring Qwilt’s total capital raised to $65 million, will be used to scale the company, including the acceleration of its go-to-market strategy and support for Tier 1 network operator deployments worldwide. The company will also use the funds to support, enhance and extend its flagship open cache product, the Qwilt Video Fabric solution.
  • M&A Terms
  • Venture Investor
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