Network Optix Snags $750K In Seed Funding

Burbank-based Network Optix, a startup developing video transport, management, and display technology, said this morning that it has raised $750,000 in a seed funding. The firm said the convertible debt round came from Jor Law, Veracity, HauteSpot Networks, Kenneth Lu, and other angel investors. Network Optix said it is building an enterprise video platform for transporting HD digital video in an enterprise. The firm is led by Nathan Wheeler. More information »