Vantrix, provider of mobile streaming video, browsing and messaging solutions, today announced the completion of a $14 million Series C investment.
The financing round was led by Tudor Ventures, the venture capital and private equity arm of Tudor Investment Corp., with pro rata participation from existing investors Summerhill Venture Partners, JK&B Capital, BDC Venture Capital, Innovacom Venture Capital and Entrepia Ventures.
According to a press release, the new working capital will serve to help Vantrix expand its operations in video delivery and bandwidth optimization.