Vuze is high-res IPTV platform got $20 million in its C round of funding

What Company Is Offering:
Vuze is the world's most popular entertainment platform for DVD-quality and HD video content.

How Much They Got From VCs:

Vuze, the rapidly growing high-res IPTV platform, announced it has secured $20 million in its C round of funding. This round is led by New Enterprise Associates (NEA), with existing investors Redpoint Ventures, Greycroft Partners, BV Capital, and Jarl Mohn participating. As a result of the investment, TiVo Co-Founder and former CEO Mike Ramsay joins the Vuze Board of Directors.

How This Company Is Going:
With an installed base of 15 million unique client downloads in its first 11 months, 500,000 new viewers joining per week and more than 100 content partners to date, Vuze is experiencing unprecedented organic growth. Vuze attracts and features high quality content from a growing roster of global television networks, premier production studios and thousands of maverick content creators, on the most advanced, most open entertainment platform ever created. Vuze is a Red Herring 100 Award Winner, recently named one of the top 100 tech startups of 2007. Vuze, Inc, formerly known as Azureus, Inc., is headquartered in Palo Alto, with offices in Los Angeles and New York.

About VCs:

New Enterprise Associates, Inc. (NEA) is a leading venture capital firm focused on helping entrepreneurs create and build major new enterprises that use technology to improve the way we live, work and play. Since its founding in 1978, the firm has adhered to the same core principles: supporting its entrepreneurs, providing an excellent return to its limited partners, and operating in accordance with the highest standards of integrity and respect. NEA focuses on investments at all stages of a company’s development, from seed stage through IPO. With approximately $8.5 billion in capital committed to its affiliated funds, NEA’s experienced management team has invested in more than 550 companies, of which more than 160 have gone public and more than 230 have been acquired. NEA has U.S.-based offices in Baltimore, Maryland; Chevy Chase, Maryland; and Menlo Park, California. In addition, New Enterprise Associates (India) Pvt. Ltd. has an office in Bangalore, India and New Enterprise Associates (Beijing) Ltd. has offices in Beijing and Shanghai, China. For information, visit www.nea.com.
More at:http://www.vuze.com/