Media conglomerate Time Warner led a $15m investment in US-based video streaming technology company Conviva on Monday, through its corporate venturing fund, Time Warner Investments (TWI).
The series D capital takes Conviva’s total funding to $59m since its launch in 2006, with backers also including venture capital firms New Enterprise Associates, GGV Capital and Pelion Venture Partners, and investment firm Foundation Capital.
Conviva estimates that its technology, which pre-emptively adjusts the stream source and video bit rate, improves the quality…
