Broadbus Technologies
Pioneering memory-based systems for on-demand movies and television, acquired in 2006 for $181 million.
Pioneering memory-based systems for on-demand movies and television, acquired in 2006 for $181 million.
Broadbus Technologies is a pioneering company in the field of memory-based systems for on-demand movies and television. Founded in 1999, the company operated within the industries of Enterprise Software, Hardware, and Media. The company's innovative approach to delivering on-demand content garnered significant attention, leading to a strategic acquisition by Motorola in July 2006 for a notable sum of $181 million. In its journey towards success, Broadbus Technologies secured a major Series C investment of $20.00M on 26 August 2005, with notable participation from prominent investors including Comcast Ventures, Battery Ventures, CRV, Cipio Partners, and Wolf Ventures. Overall, Broadbus Technologies not only revolutionized the on-demand content delivery market but also attracted significant investor interest, culminating in a lucrative acquisition by a prominent player in the industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series C | $20.00M | 5 |
|
26 Aug 2005 |
| Series B | $25.00M | 5 |
|
20 Jan 2004 |
| Venture Round | Unknown | - | 10 Jun 2003 | |
| Series A | $12.00M | - | 07 Oct 2002 |
No recent news or press coverage available for Broadbus Technologies.
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