Bamboo Gets $8.5 Million in Second Round Funding

Bamboo MediaCasting, a New York City-based startup developing rich media solutions for cellular networks, has completed a second round of financing, recruiting funds totaling over $8.5 million. New investors joining this round include Hyperion, along with previous investors Alice Ventures, Veritas Venture Partners, and Singapore-based TIFVentures.

Bamboo MediaCasting develops technology and products facilitating multimedia content transmission on cellular networks, using multi-casting (joint resources). The company

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