Video encoding and transcoding specialist Envivio said in a filing that it has recently raised $16.5m in financing through the sale preferred stock. This brings the total amount raised by Envivio since being founded in 2000 to $95.1m.
Envivio file for an IPO in April of 2011, but has not yet become a public company.
Envivio D/A Filing: Disclosed newly raised funds
TechCrunch Article: On-Demand Video Services Company Envivio Files To Go Public
Previous year: Envivio Says it Doubled Revenue in Fiscal 2011
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