Media

Carlyle Group Leads $100 Million Round for Video Service

Published on May 21, 2012
by Peter Kafka

Avail-TVN, a company that helps process and manage video for cable systems and other services, has raised $100 million in a round led by the Carlyle Group, along with previous investors including Columbia Capital, Valhalla Partners, Novak Biddle and Pioneer Ventures. Avail-TVN used $27 million of the round to buy UK-based On Demand Group, which provides video-on-demand services outside the U.S. Last year, it generated more than $200 million in revenue.

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URL: http://allthingsd.com/20120521/carlyle-group-leads-100-million-round-for-video-service/