Envivio has secured $15 million in a mezzanine investment from venture capital and banking sources enabling the company to extend its position in the video over IP market. Driven by record unit orders delivering unrivaled numbers of video channels worldwide, Envivio is experiencing 100% year-over-year sales growth.

"Envivio has been ahead of the video delivery technology curve for years, which is why we have been the choice when operators look to shake up their markets with innovation," said Julien Signès, Envivio's co-founder, president and CEO. "We have created a unified platform that delivers premier quality TV service to any device with a screen. Now that our vision is fast becoming the requirement for customers in all segments, we are the de facto IP video technology provider for over 250 of the world's leading service providers. Cable companies and telecoms are expanding into multi-screen services - as well as each other's markets - and Envivio has an active role in all the major trials of their next generation services. Content owners are creating entirely new breeds of TV service over the top of broadband networks. They all turn to Envivio because we enable them to deliver an excellent quality experience that appeals to subscribers using any combination of traditional TV screens, smartphones, PCs and the ever-expanding list of new devices like the iPad, while consistently delivering the best video quality and the highest level of investment protection."

To reinforce its progress, Envivio has strengthened its executive management team in recent months. Erik Miller, a seasoned financial executive with over 20 years' experience at successful technology companies where he has raised significant amounts of private equity and has listed two companies on the NASDAQ, has joined as CFO. Kevin O'Keefe has taken on the role of COO and brings extensive experience in scaling field operations at technology companies to $300 million+ in annual revenue. Envivio's Chairman of the Board, Gianluca Rattazzi, has taken an increased role at the company as Executive Chairman to assist with Corporate and Business Development. He brings 25 years' experience with technology startups, having filed successful IPOs as CEO and founder of three prior companies.

www.envivio.com