NITV Raises 4 million Yen from SunBridge Partners – New IT Venture Corporation

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NITV Raises 4 million Yen from SunBridge Partners

Wednesday February 17, 2010

New IT Venture Corporation (NITV) Japan based technology startup today announced a raise of 4 million Yen round from SunBridge Partners. After closing this fund round, SunBridge now own 25% ownership in the company.

If you are interested to know more about company, we invite you to visit corporate website ,
www.newitventure.com

About New IT Venture K.K. – NITV is a next generation OTT IPTV & Cloud Video Platform Company that has developed a Complete Video Streaming IPTV Solution for Broadcasters, Telcos, ISPs, Hospitality Services & Content Distributors. NITV has partnered with the world’s leading media and technology companies, NITV owns and operates different community based OTT IPTV Platforms and self IPTV Head-end. Founded by executives in the media, technology, and financial communities, NITV is headquartered in Tokyo, Japan, and maintains network operations facilities in Japan, USA, Singapore, Australia, and Europe, and a development center in Kathmandu Nepal. The team at NITV invites everyone to visit www.NewITVenture.Com to learn more about what the company is doing. We accept communication in Japanese, English, Nepalese, Hindi and Urdu.

About SunBridge Partners –SunBridge, based in Tokyo and US, operates several subsidiaries offering a range of technology, investment and business solutions to startups and established enterprises. SunBridge Partners is all about passion and vision. Passion to make a difference with entrepreneurs, by sharing their vision to change the world. SunBridge believe the best way to engage entrepreneurs is to partner with them. Not by sending a check and showing up once a quarter. Not by micromanaging them. Not by parachuting in our favorite CEO to take over. Not by pairing them with a Partner managing 10 other Board seats.
If you are interested to know more about SunBridge, we invite you to visit their corporate website , www.sunbridgepartners.com

Press Contact:

Japan +81-3-5650-5430 press@newitventure.com

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JAPAN
NEW IT VENTURE CORPORATION
Kopo Yamato Bldg 2F, Tateishi 5-24-8
Katsushika-Ku, Tokyo 124-0012
NEPAL
NITV NEPAL LIMITED
Bansbari, Kapan Marg, House number 151
Near Thai Embassy, Kathmandu, Nepal
INDIA
NEW IT VENTURE (INDIA) PVT. LTD.
C9/9401,Vasant Kunj
New Delhi 110 070, India