What Company Is Offering:
NetStreams, the global leader in networked entertainment systems based on Internet protocol technology.NetStreams delivers the Ultimate IP A/V Experience by distributing high definition audio and video over TCP/IP networks. NetStreams' products, designed for commercial and residential use, offer unprecedented levels of performance, functionality, simplicity, reliability, and expandability.
How Much They Got From VCs:
It has completed the final stage of its series B round of funding. The company has raised a total of $18.2 million in its series B round from series A investor Austin Ventures. The funding will be used to continue NetStreams’ rapid growth and market expansion through the development and sale of NetStreams’ IP A/V products.
About VCs:
Austin Ventures has been working with talented entrepreneurs to build valuable companies since 1979. With $3 billion under management, AV is the most active venture and growth equity firm in Texas, and one of the most established in the nation. With a focus on business services, information services, integrated media, computer and communications hardware, and enterprise software, Austin Ventures invests at all stages of company development, from $100,000 "planned experiments" to $50+ million investments in management buyouts. Visit www.austinventures.com for more information.
More at:www.netstreams.com.
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