The Asia-based mobile video streaming company wins backing of SingTel Innov8.
US startup Vuclip has concluded a $13m Series D round led by SingTel Innov8, the corporate venturing arm for Singapore Telecommunications, with additional participation from venture capital firms Jafco Ventures and New Enterprise Associates.
The Californian based firm, launched in 2008, serves up online videos to 3g enabled smartphones via an ad-supported software ecosystem which dynamically compresses data from participating content providers. The service aims to deliver content with minimal overhead for all internet enabled smart phones. Chief Officer Nickhil…