Broadband Enterprises has received a $10 million strategic equity investment from Velocity Interactive Group.
The money raised will complement re-invested free cash flow and be used to accelerate the Company’s strategic growth initiatives, including expanding the breadth and depth of content – through partnerships with established media companies and from emerging video producers – and launching new client-centric, scalable technology solutions.
Originally posted on January 17, 2008 @ 11:12 am