Mobile Video Startup Vuclip Buys Jigsee To Target Emerging Markets With Apps

A little consolidation underway in the world of mobile video streaming: Vuclip -- a Silicon Valley-based startup that offers mobile video streaming services to across some 200 countries and 5,500 devices -- today announced that it is acquiring Jigsee, an app platform created specifically to let content publishers create their own mobile video apps. Financial terms of the deal were not disclosed, but to date Vuclip has raised some $35 million in funding, including a $13 million Series D round in November 2012 from SingTel, NEA and Jafco.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/rB9ex9mkt3A/

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