Ortiva Wireless Raises $2.5M

La Jolla-based Ortiva Wireless, which develops wireless video optimization and streaming hardware and software for wireless operators, has raised $2.5M in a convertible debt funding round, according to a filing from the firm Friday. The filing indicates the funding is part of a $3.786M fundraising effort still in progress by the company. Source of the new funding was not announced. Representatives from Artiman Ventures, Mission Ventures, and Comcast Interactive Capital continue to have seats on the company's board of directors. More information »