Oplayo Bags $5.6 Million From Siemens, Nokia

Oplayo, a Finnish media player company developing software for the mobile/wireless devices, has received $5.6 million in venture investment from Siemens Mobile Acceleration, the mobile ventures arm of Siemens and Nokia Ventures, Zouk Ventures and Holtron.

The software-company offers audio and video streaming for Java and Symbian phones. Oplayo’s core technology is based on MVQ-codec, which provides for very light decoding and allows streaming for low-end and
mid-range mobile phones.

Related:

Oplayo Aligns With MSFT

Oplayo brings video to Java phones

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