NORWAY - Northzone Ventures and Selvaag invest NOK 7.5m each in T-VIPS

Northzone Ventures and Selvaag invest NOK 7.5m each in a second round of funding in technology company T-VIPS to accelerate its R&D programme, enhance sales and marketing initiatives and expand the company's international operations. T-VIPS' international plans include opening a North American office to better support growing US demand for its innovative IP video transport solutions.