Watermarking Firm Verance Raises Funds
Digital-watermarking firm Verance has secured $13 million in new financing, mostly from existing investors led by venture-capital firm Constellation Ventures and MMC Capital. The funds will be used in part to pursue international business. Verance currently has a partnership with Japan's Video Research.
San Diego-based Verance--which recently named Constellation Ventures senior executive Clifford Friedman as chairman (Bulletin, Feb. 13)--has raised about $36 million since last year. A spokesperson declined to comment on whether the company would seek additional funds in the near future.
San Diego-based Verance--which recently named Constellation Ventures senior executive Clifford Friedman as chairman (Bulletin, Feb. 13)--has raised about $36 million since last year. A spokesperson declined to comment on whether the company would seek additional funds in the near future.
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Clifford Friedman has been named chairman of Verance, the San Diego-based digital-watermark developer. He replaces David Leibowitz, who has joined strategic and financial advisory firm ......
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Business Editors GREENWICH, Conn.--(BUSINESS WIRE)--Jan. 27, 2003 MMC Capital, Inc., the private equity investment subsidiary of Marsh & McLennan Companies, Inc., today announced that Garrett ......
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Business Editors/Insurance Writers GREENWICH, Conn.--(BUSINESS WIRE)--Sept. 28, 2001 MMC Capital, Inc., the private equity subsidiary of Marsh & McLennan Companies, Inc. (MMC), today announced the ......
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Clifford Friedman has been named chairman of Verance, the San Diego-based digital-watermark developer. He replaces David Leibowitz, who has joined strategic and financial advisory firm ......
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