Roo Group Gets $5.75 Million Equity Financing

Roo Group, an online video syndicator/network based in NYC, has completed a private equity financing of $5.75 million dollars. About $3.4 million of the proceeds were used to pay off and satisfy in full the company’s convertible debt obligations.

The company provides music videos and other broadband content to the likes of Verizon broadband and others.

Comments have been disabled for this post