Trigger And Azuki Systems Each Raise Funds
Gail Chiasson, North American Editor
Mobile firm Trigger, San Francisco, has raised $1 million in a seed round, with which it will launch its cross-platform HTML5 mobile development framework.
And Azuki Systems, an Acton, Massachusetts-based developer of video delivery technology, has raised $5.1 million in a round of venture capital which will be used for OTT distribution.
Trigger’s funding was raised through AngelList from investors Paul Graham, SV Angel, 500 Startups, Russ Siegelman, Steven Walske, RightVentures, Venture51 and John Taysom.
Azuki, founded in 2008, provides technology that delivers content to any device over a network, allowing content owners, enterprises and service providers to capitalize on the growth of smartphones, tablets and multiple screens.
Azuki recently announced that Showtime Networks Inc., Los Angeles, had selected its Azuki Media Platform to power the Showtime Anytime authentication service on the iPad, giving Showtime subscribers instant and secure access to all Showtime programming on their iPads.