Qwilt Secures $25,000,000 Series D Funding
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- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2232ee77-a199-4a23-96f5-2933f30fa845 - Date
6/26/2015 - Company Name
Qwilt - 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
http://www.qwilt.com - Transaction Type
Venture Equity - Transaction Amount
$25,000,000 - 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
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