ZixiTM Inks $4M from Schooner Capital
Waltham, Mass.-based ZixiTM, which is focused on delivering broadcast-quality HDTV over the cloud, has raised $4 million from Boston-based firm Schooner Capital. Individual investors Sidney Topol, former chairman and CEO of Scientific Atlanta, and Maurice Schonfeld, co-founder of CNN and the founder and former president of Food Network, invested alongside Schooner. The money will help ZixiTM expand its team and continue development of its infrastructure software-as-a-service, which is aimed at companies that broadcast and deliver HD content securely over the Internet.
12 April 2011•3 mins read
