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April 23, 2013

Deal Alert: Mobile video firm Apalya raises $10-M from Cisco, others

Mobile video company Apalya Technologies has raised $10 million from Cisco, along with other investors like IDG Ventures India, Indo US Venture Partners and Qualcomm. Cisco has also added Apalya’s live TV and mobile video capabilities to its Cisco Videoscape architecture by integrating the Video Delivery Platform from Apalya. 

Apalya’s last couple of rounds of funding, from Qualcomm and IDG in January 2011, were raised largely keeping in mind India’s 3G auctions and enhancing its capabilities to deliver video content over 3G networks. 

Source: Medianama

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