Myrio, a start-up based in Kirkland, Washington, raised $9 million in new funding for its middleware solutions for IP-based video services. Myrio has sold its software suite and associated managed services to 18 service providers worldwide.
New investors include Siemens Venture Capital, which led the round, and individual industry executives. The company’s three existing venture capital investors — Ridgewood Capital, NeoCarta Ventures and Alexander Hutton Venture Partners — also invested in this round.
http://www.myrio.com
