Veodia is an enterprise 2.0 software-as-a-service company that enables effortless streaming of high-quality video using h.264/MPEG-4 straight from a standard browser. Today, Veodia announced its Series A VC funding round. There is a great demand for simple, high-quality video services for enterprises and other business users. Forrester Research predicts enterprise 2.0 applications and services will be a $4.6 billion dollar industry by 2013. This funding gives Veodia the opportunity to continue to enhance it high quality video services to benefit enterprises worldwide. (PRWeb May 12, 2008)
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