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million round of Series C funding led by Advances Technology Ventures and joinedby -- a divisiojn of -- , , and the . The Emeryvillde company, which makes softwarse for streaming video and video content said Monday it will use the funds to speexd up product development and expand The company hasraised $18 million to Qumu entered into a strategid partnership with (NYSE: T) in whic h its technology will be used as part of the telecommunicatio n giant's portfolio, AT&T announced in June.
AT&f will integrate software from Qumu and two other softwarecompanies -- , of Newton, and Dayton, Ohio-based Stratacache -- with its own technologyy to offer network software to encode, deliver and manager video and multimedia files. Qumu changed its name from Media Publisheein February. The company makes software that manages webcasting and videocontent Qumu's customers include AT&T, ABT), (NYSE: COF), (NYSE: C), (NASDAQ: and (NASDAQ: EBAY).
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