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Qwilt Raises $25M

By TechTaffy Desk

Qwilt

Qwilt, a company working on open caching and online video delivery solutions, has closed a $25 million Series D funding round. The funding was led by Disrupt-ive with a $16 million investment, and includes new funding from Google Chairman Eric Schmidt’s Innovation Endeavors. Existing investors Cisco Investments, Accel Partners, Bessemer Venture Partners, Marke and Redpoint Ventures also contributed to the round.

The latest funding bring Qwilt’s total capital raised to $65 million to date.

[Image courtesy: Qwilt]

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