Broadcast Buyers Guide - Ensequence Inc. Lands Capital Infusion of $18 Million, billion dollar market

Manufacturers

Systems
Integrators

Dealers




PRODUCTS	COMPANIES	EDITORIAL	CLASSIFIEDS

Broadcasting's Most Comprehensive Online Buyers Guide

Ensequence Inc. Lands Capital Infusion of $18 Million, billion dollar market

PORTLAND, Ore. -- August 30, 2004 -- Ensequence, Inc. today completed an $18 million Series B funding round. The capital enables Ensequence to expand its product line and operations while facilitating rapid iTV deployment in the United Kingdom and the United States.

"We build best-in-class software products that enable rich and deep television experiences," said Ensequence President and CEO Dalen Harrison. "This funding round allows us to continue to lead iTV software development and bolster our sales and service teams."

Ensequence has appointed Joseph G. Fogg III, chairman and CEO of Westbury Partners, to its board of directors. Westbury Partners is the principal investor in the round, with an investment of $7.5 million. This second funding round brings the company's total investment to $37 million.

"There is a compelling business case for interactive TV, and the United Kingdom has made iTV a billion dollar market in just a few years," said Fogg. "It was only a matter of time before a company developed advanced products that extended the ability to create and air cost-effective iTV shows in the United Kingdom and also facilitated iTV adoption in the United States."

Fogg has more than 32 years of experience providing companies with access to capital. He currently serves as advisory director at Morgan Stanley, director of the Yale University Art Gallery, director of the Yale Development Board, and as vice chairman of the Keewaydin Foundation. Fogg holds a bachelor's in economics from Yale and a master's in business administration from the Harvard Business School, where he was a George F. Baker Scholar.

Contact Ensequence, Inc.

Help improve this site, send your comments.

Content at BroadcastBuyersGuide.com is based on information supplied by vendors which is subject to change without notice.