Skinkers raises £2m to fund the launch of innovative peer-to-peer technology for Live Content Delivery
The company is using the new funds to bring to market the Skinkers Live Delivery Network, a private and secure peer-to-peer infrastructure which enables both businesses and consumers to receive high quality, digital feeds (text/audio/video) in real time to their desktops.
29 January 2007
Skinkers, a leader in push technology that radically improves communication, today announced that it had raised £2m from its current shareholders to fund the launch of the Skinkers Live Delivery Network, an innovative peer-to-peer network to support live video streaming and real-time notifications. The majority of the funds have been provided by NewMedia SPARK, a London based venture capital firm.
Matteo Berlucchi, CEO of Skinkers, commented, "We are delighted to have secured the funding that will enable us to bring to market an exciting new range of peer-to-peer products based on the core Skinkers technology combined with technology acquired from the Microsoft Research Labs in Cambridge.
”The company is using the new funds to bring to market the Skinkers Live Delivery Network, a private and secure peer-to-peer infrastructure which enables both businesses and consumers to receive high quality, digital feeds (text/audio/video) in real time to their desktops.
Jay Patel of NewMedia SPARK commented, “We are delighted to be able to support the talented and experienced team that has been assembled to take this company forwards and bring this innovative technology to market."
About NewMedia SPARK
NewMedia SPARK is a quoted venture capital organisation based in central London focused on early stage investments in the technology, media and telecoms sectors. SPARK's portfolio has a particular emphasis on digital media, software applications, technology and communications. As an investor, SPARK expects to add significant value to its investments through active support and strategic direction. SPARK is listed on London's Alternative Investment Market.Recent successful exits for SPARK include the sale of Mergermarket to Pearson for £120m, the sale of Footfall to Experian for £36m and the sale of Elata to Qualcomm for $57m.
About Skinkers
Skinkers is the market leader in enterprise communication management platforms. Our solutions ensure ShouldKnow information is delivered to audiences with visibility and impact. ShouldKnow information is important and useful information that audiences need to know e.g. service outages, corporate communications, breaking news etc. Audiences can select what type of ShouldKnow information they would like to receive and what device they would like it sent to (computers, handhelds and mobile phones). Skinkers technology is used by many of the world's leading brands.
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