Seattle’s Opanga Networks, which is developing a content delivery network known as NetRover to enhance the way video is distributed to mobile devices, has raised $6 million in financing. The deal was led by Pacific Wireless Ventures, a Seattle private equity firm.
“Most video technology innovation today is focused on defensive strategies towards mobile video like compression and sacrificing playback quality inside consumers’ monthly data caps — our solution is a game changer providing flawless HD mobile video playback, places no burden on the mobile networks and can therefore be unlimited to consumers,” said CEO Dave Gibbons in a statement.
Earlier this year, the company announced a partnership with Fisher Interactive, operator of KOMO News in Seattle. The deal was designed to improve the mobile video experience for viewers of KOMO.