Qwilt Media Contact

Pam Njissang

Bhava Communications
for Qwilt
1 (510) 984-1528
qwilt@bhavacom.com

Stealthy Qwilt has raised $24m to ‘cache in’ on IP video

With nearly two years of development under its belt, stealthy startup Qwilt is ready to launch, with a product it says can help network operators manage the huge amounts of video traveling over their networks. And it’s doing so with some serious backing from big-name investors: The startup, which was founded by networking execs from Cisco and Juniper, raised $24 million in two rounds of funding from Accel Partners, Redpoint Ventures, Crescent Point Group and other investors.