Envivio raised a $14 million second round of funding with help from Bertelsmann, Intel Capital, Harbinger Ventures and others.
Envivio makes MPEG-4 software, a wide-ranging set of audio and video technologies designed in part to condense large digital packages into small files that can be easily transmitted online. The company said the funding will be used to develop products and to expand marketing, sales channel and customer support capabilities.
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