Encoding.com got $48M from venture capitals

Encoding.com, Internet audio & video solutions provider, got $48 million in its third fund raising. Companies that invested money this time to Encoding.com include NBCi, Microsoft, AOL, CBS and Intel.

Encoding.com will use the money for expanding their markets in U.S. and international.

Written by: Petteri Pyyny @ 22 Dec 1999 15:16