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Harmonic Buys Into

SAN FRANCISCO— said it has completed a Series B financing led by Harmonic, Inc. This investment reflects the trend that media companies, broadcasters and cable MSOs continue to take advantage of the cloud to gain the optimal efficiencies for a wide range of video workflows. Harmonic recognizes the disruptive force that cloud computing has become in the media services industry and has chosen to strengthen its existing relationship with

This Series B investment, led by Harmonic with participation from's existing investors, follows on the heels of their existing partnership announced earlier this year in which deployed the Harmonic ProMedia Carbon broadcast toolset via the cloud. The response to this partnership has attracted the interest of leading video distributors throughout the industry, said. The companies will continue to work together to develop and offer advanced Harmonic video workflow solutions as a service via the cloud.