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Vantrix Raises $5.25 Million for Mobile Video Delivery

Funds to boost sales, marketing, engineering, research.

Vantrix Raises $5.25 Million for Mobile Video Delivery
MONTREAL - Venture Wire has reported that Vantrix, a mobile video delivery technology provider, has raised $5.25 million in new financing from MMV Financial.


The company plans to funnel the funds into development efforts aimed at strengthening sales, marketing, engineering and research.

 

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Vantrix offers services for delivering video on demand, live TV, video alerts, user-generated content, video sharing and other multimedia to mobile devices for customers such as ABC News, Orange, T-Mobile and The Weather Channel.


 






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