nyconvergence.com
NJ’s LiveU Raises $27M
LiveU, based in Hackensack, NJ, recently raised $27 million in funding. The company’s 4G LTE-equipped LU70 backpack has become the go-to for companies looking to uplink HD video while in the field. The funding round included Lightspeed Venture Partners, Canaan Partners, Carmel Ventures and Pitango Venture Capital. LiveU’s technology has been used by big broadcasters