Deal

Nexit Ventures invests in Octoshape

Nexit Ventures has invested EUR 4 million in the Danish mobile media delivery company Octoshape.

Octoshape offers broadcaster high quality, large scale and cost effective Internet and mobile media delivery that allows crystal clear video experience on both fixed and mobile networks. The company has powered some of the largest live video events ever, including President Obama's inauguration and major sporting events such as 2010 Olympics, PGA and NBA.

Nexit Ventures' General Partner, Michael Mandahl, states that he is "looking forward to working with Octoshape to make high quality video truly mobile."

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FundNexit InfoCom II LP Argentum share 5.88%
Portfolio CompanyOctoshape
Date of Transaction2010-06-10
TransactionAcquisition
Seller
Buyer
Size of TransactionEUR 4.0m
Ind. FocusICT
GeographyDenmark
StageVenture
 

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(2011-07-13)