The corporate got a $9.7m return from the acquisition of video analysis software provider by Canon that was agreed in May.
Enterprise video software provider Qumu has raised $9.7m from the sale of its stake in Israel-based video review technology provider BriefCam, as part of an acquisition by imaging technology producer Canon in May 2018.
Canon agreed to buy BriefCam, the developer of a software tool that identifies and extracts data from video footage, in May for an undisclosed amount. The company had disclosed $9.1m in funding since 2007 across two rounds but had not revealed Qumu as an investor…
