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Kasenna Sells Out to Rival Espial

By Sergio Published on .

Web video technology company Kasenna has raised $90 million in venture capital funding since 2000, but this week it was acquired by rival Espial Group for just $6.5 million, Silicon Alley Insider says. Venture firms that had invested in Kasenna include Intel Capital, U.S. Venture Partners, Silicon Graphics, Alloy Ventures, Cypress Ventures and The Entrepreneurs' Fund.
-Elizabeth Jensen
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