BNI Video Raises $16 Million From Time Warner, Comcast, Cisco, Etc.
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BNI Video is a company that helps video service providers in the telecommunications industry manage video delivery. This is why some telecommunications companies got together to put money into BNI. Cisco Systems, Comcast Interactive Capital, Charles River Ventures, Castile Ventures, and Time Warner Cable invested $16 million into BNI.
BNI’s software can be used for digital rights management and can be used for transcoding. BNI software can also be used for system maintenance, service delivery, on-demand network upgrades, search, and social networking. BNI Video was founded by former Motorola engineering exec Conrad Clemson and former Unidesk engineering VP Raman Sud.