Mobile TV Software Maker Axel Gets Investment For DVB-H Internationalization

From the land of Nokia (NYSE: NOK), Axel Technologies, a Finnish mobile TV middleware developer, has received investment of an undisclosed size from mobile VC house Nexit along with Finnish Industry Investment – a government agency that had previously contributed R&D funds along with private investors. Funds will be used to support faster growth and internationalization, especially in sales, marketing and customer support. Axel makes software to handle reception of DVB-H signals including its Salmonstream TV viewer. Via release.