Logo

Clearleap Gets $3.3 Mil Investment

Oct 31, 2008  •  Post A Comment

Video technology company Clearleap has secured $3.3 million in venture debt financing from Silicon Valley Bank.
The funds will go toward enhancing development of infrastructure and business management products for television service providers and media content owners.
Clearleap, whose platform is designed to expand consumers’ options for video delivery through their TV sets, recently secured a $9 million Series A equity investment from Trinity Ventures and Noro-Moseley.
“Silicon Valley Bank recognizes the enormous potential that our technology offers and despite the current economic downturn, has chosen to invest in our future and ultimately the next generation of television,” Braxton Jarratt, Clearleap’s co-founder and CEO, said in a statement. “This latest financial infusion will help Clearleap achieve its vision and ensure ample capital reserves to get through today’s turbulent economic environment.”

4 Comments

  1. Fresh web log. Pondering if you should ever sell guest articles? Im operating a page on my new passion looking to trade some articles with decent pages. I examined your site and you got some very nice articles and i believe our guests would likely find both being of value. Appreciate it!addie

  2. Kudos to you! This is a really good blog here and I love your style of writing. How did you get so good at blogging?

  3. Good day. First of all – fantastic blog! Secondly this article was also good and interesting to read, but I don’t think everything you have said is completely true. I will need to google about few things you have mentioned in your artcile to make sure. But anyway thanks for trying and good luck on writing other articles. P.S sorry for bad English, I aren’t English native speaker.

  4. I am not truly certain if top practices have emerged almost stuff similar to that, other than I am confident that your big work is clearly discovered. I was questioning if you offer one subscription near your RSS feeds because I would be very interested.

Your Comment

Email (will not be published)