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ViVu secures $3 million in Series A round of venture capital funding

Oct 14, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --

ViVu, Inc., a US-based developer of participative event platform, has secured $3 million in Series A round of venture capital funding led by Inventus Capital Partners. Draper Fisher Jurvetson, Quest Ventures, LLC, and Bill Carrico also participated in the round.

Storyboard PR acted as public relations advisor to ViVu. 

Deal Value (US$ Million) 3
Deal Type                Venture Finance
Sub-Category             Growth Capital/Expansion
Deal Status              Completed: 2009-10-13

Deal Participants 

Target (Company) ViVu, Inc.

Deal Rationale

ViVu plans to use the funding to bring its video service to market.

Copyright (C) 2009 Datamonitor Financial Deals Tracker. All rights reserved

News Provided by COMTEX


Related terms: advisor, expansion, market, public relations, venture capital, video

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