Fenwick & West represented MOBITV in the transaction.
Oak Investment Partners, Ally Financial and Cedar Grove Partners led the founding round.
MOBITV, a leader in IP-based video delivery solutions, will use the funding to accelerate the growth of the company’s international footprint, while it continues to strengthen the MOBITV CONNECT platform for PayTV operators, which represent an estimated $200 billion in global revenue on an annual basis.
The Fenwick transaction team was led by corporate partner Cindy Hess (Picture), of counsel Brian Hicks and associate Katherine Duncan.??
Law Firms: Fenwick & West LLP;
Clients: MobiTV Inc.;