GERMANY - DuMont and Tiburon lead stream5 funding
DuMont Venture and seed investor Tiburon Partners have led an undisclosed seven figure funding round for online video technology company stream5, alongside KfW and business angel Klaus Wecken.
Munich-based stream5 is a provider of online video technology, enabling companies to showcase themselves audio-visually on the internet. Customers can produce their own internet TV or integrate video features into their websites. Current clients include goods marketers, media and internet companies such as O'Neill, Deutsches Sportfernsehen (DSF), Das Vierte, earthTV, Channel 21, Autoscout24 and Deloitte & Touche.
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