Verismo Rakes in $17 Million in Financing

Verismo Networks (www.verismonetworks.com) has closed $17 million in financing. Intel Capital (www.intelcapital.com) led the round with participation from Verismo's existing seed investors. Verismo plans to use the funds to accelerate its growth and expand opera...

Verismo Networks (www.verismonetworks.com) has closed $17 million in financing. Intel Capital (www.intelcapital.com) led the round with participation from Verismo's existing seed investors. Verismo plans to use the funds to accelerate its growth and expand operations.

The company's VuNow Internet TV platform is designed to allow cable operators, ISPs and telcos to deliver traditional linear channels combined with value-added Internet services such as VoIP and social networking.
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