Blue Danube flows to $16m series B

May 12, 2015 • Robert Lavine

AT&T has made a strategic investment in the mobile wireless access technology company's latest funding round, which brought its total equity to almost $24m.

US-based mobile wireless access technology developer Blue Danube Systems closed a $16m series B round today that included a strategic investment from telecommunications firm AT&T.

Venture capital firm Sequoia Capital, which took part as an existing investor, and private equity firm Northgate Capital also participated in the round, which boosted Blue Danube’s total equity funding to $23.7m.

Blue Danube is developing technology that could help the distribution of video apps and interconnected devices by making more efficient use of the…

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