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Semiconductor industry

Kasenna Secures $11 Million in Funding from Intel Capital

Strategic Insights

— 1 min read

Kasenna, a leading provider of VOD programming and next-generation platforms for video content and service delivery, has announced the closing of an $11 million round of funding led by Intel Capital. This significant investment will fuel the company's growth in the IPTV and cable markets, both domestically and internationally. The funding will enable Kasenna to scale its operations to meet the increasing demand for advanced video programming and infrastructure services broadband service providers are facing today.

Key Takeaways:

  • Kasenna, a leading provider of VOD programming and next-generation platforms, has secured $11 million in funding from Intel Capital, led by Vice President Scott Darling.
  • The funding will be used to accelerate Kasenna's growth in the domestic and international IPTV and cable markets, as well as strengthen its balance sheet.
  • Kasenna's next-generation video content and service delivery platform is open standards-based with an intelligent management infrastructure that allows service providers to build commercial-grade IP video networks.
  • The company's solutions have been successfully deployed with leading customers worldwide, including Cavalier Telephone, Charter Communications, Fastweb, and SaskTel.
  • IPTV represents an exciting opportunity for service providers to offer new digital entertainment services to their customers, and Kasenna's open-standard solutions provide critical building blocks for these next-generation networks.

Statistics:

  • $11 million: The amount of funding secured by Kasenna from Intel Capital.
  • 10+ years: Kasenna's successful track record in digital video content management and deployments with leading customers worldwide.
  • 6 years: The length of time since Kasenna's inception, during which it has successfully capitalized on its vision of providing a best-of-class platform for video content and service delivery.
  • 2007: The year in which Kasenna closed its $11 million funding round, led by Intel Capital.

Sources:

  • Kasenna, Inc (www.kasenna.com)
  • Intel Capital
  • SGI (Silicon Graphics, Inc.)
  • Cavalier Telephone
  • Charter Communications
  • Fastweb
  • SaskTel
  • MRG president (Gary Schultz)

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