Tim Higgins
Avega said that the financing will be used to grow the company and accelerate technology development and marketing activities. The firm also plans to step up efforts in building strategic partnerships for its networked media distribution platform with established North American, European and Asian brand partners.
Avega was founded in 2004 and has 35 employees across the USA and Australia.
Cisco today announced its oft-rumored consumer HD videoconferencing product. But don't get too excited.
Microsoft today opened a private beta of its new enterprise voice communications server, Microsoft Office Communications Server 2007, to 2,500 IT professionals. The new server is aimed at allowing companies to integrate voice over Internet protocol (VoIP) technology into existing telephony infrastructure and is the successor to Microsoft Live Communications Server 2005.
D-Link today said it has started shipping the networked DivX media player and photo frame announced earlier this year.
