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Kasenna pulls in $22 million

Kasenna announced Monday that it raised a $22 million second round of financing led by new investor Dresdner Kleinwort Wasserstein with contributions from other new investors such as The Entrepreneurs' Fund, CIR Ventures and Sun Microsystems. Investors in the recent round that also pitched in for Kasenna's $13.6 million first round in January 2000 are SGI, U.S. Venture Partners and Alloy Ventures. Kasenna makes video-on-demand software that manages, distributes and delivers video over IP (Internet protocol), cable and wireless networks. The Mountain View, Calif.-based company plans to use the new funding to further develop and market its software.

    Kasenna announced Monday that it raised a $22 million second round of financing led by new investor Dresdner Kleinwort Wasserstein with contributions from other new investors such as The Entrepreneurs' Fund, CIR Ventures and Sun Microsystems. Investors in the recent round that also pitched in for Kasenna's $13.6 million first round in January 2000 are SGI, U.S. Venture Partners and Alloy Ventures.

    Kasenna makes video-on-demand software that manages, distributes and delivers video over IP (Internet protocol), cable and wireless networks. The Mountain View, Calif.-based company plans to use the new funding to further develop and market its software.