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Anystream Buys Cauldron Solutions; Raises $7 Million

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Online video solutions firm Anytream has bought software firm Cauldron Solutions, a company that helps TV networks manage rights and revenues for digital content, reports TVWeek. The combination of the two companies will provide content owners with a one-stop solution for formatting their programs for delivery across any new media form and keeping track of the rights issues and finances, the companies said. Financial details were not disclosed.
Also, we missed this earlier this month: Anystream received $7 million in third round funding led by SoftBank Capital and SCP Partners. The company, founded seven years ago, has clients such as Scripps Networks, AccuWeather, Reuters, MLB.com and SPEED.