Caton Technology Limited, a pioneer in next-generation IP network transport solutions announced has secured a USD50 million majority equity investment from Pasaca Capital Inc, a California-based private equity firm.
“With the increasing demand for high-quality real-time video transmissions and large file transfers, we are excited to invest in Caton and help bring its innovative technology to its fullest potential,” says Sean Rogers, CEO of Pasaca Capital Inc.
“This transaction is a significant vote of confidence in Caton’s innovation, capabilities and growth strategy,” says Ray Huang, CEO of Caton Group.
Caton is an experienced leading innovator in enabling IP delivery networks for the broadcast and media industry. Its R2TP technology and global network CatonNet have been integrated successfully as a disrupting solution for the delivery of low latency live IP video transport.
Read more at Private Equity Wire
