Friday, January 27, 2012

Optimization Market: Verizon Invests in Skyfire

Skyfire management team
Skyfire Labs announced that ".. it has raised $8 million in its Series C financing. Verizon Investments LLC, a subsidiary of Verizon Communications Inc. participated in the round, alongside current investors .. Rocket Optimizer 2.0, the latest iteration of Skyfire’s powerful carrier-grade network video and data optimization platform, was launched in October 2011. With mobile video demand expected to rise steeply over the next three years, Rocket 2.0 aims to help carriers solve capacity issues linked to the rapid rise of mobile video streaming".
See also - "Mobile video optimization is a hot topic for 2012"; Shows Market Landscape" - here

See "Skyfire Gets ‘Fuel’ From Verizon and Three Existing Investors to Expand Its Rocket Platform With $8M in Series C Financing" - here.