You are here: silicon.com > Networks > Mobile & Wireless

Handheld video tech firm lands £5m further funding

There is still some money out there...

By Pia Heikkila

Published: 28 January 2002 13:47 GMT

Finnish multimedia compression company Hantro has received E8.5m (£5.2m) in funding from leading European investors.

The financing round, courtesy of 2M Invest, CapMan, Menire, Nexit Ventures and Startupfactory, is the second for the Oulu-based wireless company.

The company received original backing from Menire and Nexit, both investment funds, which allowed Hantro to develop and market its technology.

Some of the money received this time will be used for developing new business as well as sales and marketing opportunities.

Hantro makes video compression technology for any handheld device. The company specialises in both hardware and software compression coders and its product portfolio also includes video applications for capturing, play-back, messaging and streaming.

Add comment

Print story

Email story

RSS

Streaming video hits the 3G spot

Hutchison confirms porn rumours

BT and Orange join battle against mobile price cuts

Logica and Orange trial mobile service

BBC gives sneak peek at open source credentials

In silicon.com

Read and write about internet access at the airports of the world at atlarge.com. Be the first to rate an airport, win champagne...

Commentary

Natasha Lomas Is BlackBerry taking a leaf out of Apple's book? The truth isn't out there...

Natasha Lomas iPhone nano: Fact or fiction? Apple's game will keep us guessing...

Latest News

Liverpool midwives cull paper with 3G laptops

ASDA to kick start mobile pay-as-you-go price war?

Mobile broadband threatening fixed line?

Nokia retains smart phone crown

Brits spending record time online

HSBC dreaming on the iPhone?

Jobs

00036731 - IT Strategy Consultants

Mergers and Acquisitions), IT-enabled innovation Direction Setting IT Strategy, IT Due diligence and post-merger integration, infrastructure ...

Core Infrastructure Project Manager

ABOUT EDS: EDS provides a broad portfolio of business and technology solutions to help its clients worldwide improve their business performance. EDS' ...

Energy Product Control Analyst, Leading Energy Trading Major

This position is based in the central London / European Headquarters and due to the diverse international culture, future opportunities to travel ...

Special Report Focus

CIO50 2008
The silicon.com CIO50 2008 profiles the most influential and innovative tech chiefs in the UK across all industries and organisation size, from the biggest FTSE100 companies to high growth dot-com start ups and the public sector. The list was voted on by the UK CIO community and a panel of experts. Find out more in our latest special report.