Tuesday, February 10, 2009
Memeo Gains $3M
Aliso Viejo-based Memeo, which develops software for helping consumers manage their digital media, said today that it has scored $3M in a credit facility. The financing came from Square 1 Bank. According to Memeo, the funding will allow the company to accelerate its growth. Memeo is venture backed by G51 Capital and Foundry Group. Memeo's software is distributed through partners such as Buffalo Technology, D-Link, Seagate, and WD, and allows users to share photos and videos, synchronize and backup PCs, and more.