Accel, Redpoint Put $24M Into Online Video Network Infrastructure Startup Qwilt

Qwilt, the provider of network video-infrastructure technology, has raised $24 million in two rounds of funding from Accel Partners, Redpoint Ventures, Crescent Point Group, RealNetworks founder Rob Glaser and other investors. The company, which was founded in 2010 by veterans of Cisco Systems and Juniper Networks, helps Internet-service providers more efficiently and cost-effectively deliver high-quality video to their customers. That means more consumers can see video from sources like Netflix, YouTube and Hulu in the highest possible quality, when they want.

SEAGATE TECHNOLOGY SCIENTIFIC GAMES SANDISK SALESFORCE COM SAIC