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Article: Leader Ventures Provides $5 Million in Equipment Financing to MobiTV.
- Article from:
- PR Newswire
- Article date:
- April 22, 2008
CopyrightCOPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MENLO PARK, Calif., April 22 /PRNewswire/ -- Leader Ventures, an investment firm offering blended debt and equity financing, announced today that it has provided $5 million of equipment financing to MobiTV, the leading provider and platform for content delivery over mobile and broadband networks.
"Millions of subscribers enjoy mobile and broadband entertainment services," said Patrick Gordan, managing director at Leader Ventures. "MobiTV gives wireless carriers and other operator partners the ability to deliver content almost anywhere," Gordan added.
"We are delighted to be working with Leader Ventures on our equipment financing," said Charlie Nooney, ...