Online Video Management Company Qumu Raises $10.7M Third Round (paidContent.org via Yahoo! Finance)

Content management company Qumu has secured a $10.7 million third round funding as it seeks to speed development of CDN products and build up its marketing team. The round was led by ATV and joined by SAP Ventures, a division of SAP AG, Storm Ventures, Garage Technology Ventures, Halo Opportunity Fund, and the Angels Forum.

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