Hantro Gets $5.25 Million Funding

Hantro Oy, a Finnish provider of mobile multimedia technology, has received a further $5.25 million investment from a syndicate, led by CapMan, comprising of Hantro’s existing investors: CapMan, Nexit Ventures and Menire. The additional investment will be used to strengthen Hantro’s leading position within the global market place, according to the company statement…
Hantro is a provider of hardware and software based MPEG4, H.263 and H.264 video solutions for handheld device…it has deliver a camcorder application for smart phones, with T-mobile, and in October 2004, Hantro announced the first commercially available H.264 player for off-the-shelf mobile handsets.

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