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/ 01.02.2003
Anystream Raises $11 Million
Anystream publicized an $11 million round of funding led by Falcon Private Equity L.P. and existing investor SCP Private Equity Partners. The company says this brings its venture capital funding to $28 million. It hopes to use the money to increase market share for its Agility line of media software and new product development.
Anystream was launched in 2000. The Virginia-based company provides software to automate media encoding and transcoding of streaming, broadcast and production formats. Info: www.anystream.com.
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Friday 12:00AM
McAdams On: Surplus Spectrum
Recall that broadcasters were accused of spectrum squatting when the digital transition took longer than the arbitrary timetable set by Congress.