Inuk Networks
Internet protocol television provider that supplies broadcast quality tv via the internet to closed ip-based networks.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| investor investor | €0.0 | round | |
N/A | Acquisition | ||
| Total Funding | 000k | ||
Established in the United Kingdom in 2003, Inuk Networks developed a platform for distributing broadcast-quality television and carrier-class telephony over closed IP-based networks. The company operated in the broadcasting, radio, and television industry.
In June 2008, Inuk Networks secured $18.6 million in a Series A funding round. The investment came from two institutional investors, Wesley Clover and S4C.
The company's trajectory culminated in its acquisition by Move Networks on April 22, 2009, marking its exit from the market as an independent entity.
It is important to distinguish Inuk Networks from InukNET, a separate, more recent Canadian company. InukNET was founded in 2021 and operates as an internet service provider focused on Canada's Arctic region. This Inuit-owned enterprise is a joint venture between Panarctic Communications and Galaxy Broadband Communications, aiming to deliver high-speed internet to communities and businesses in areas like Nunavut.
Keywords: broadcast distribution, carrier-class telephony, IP networks, television platform, S4C, Wesley Clover, Move Networks acquisition, UK technology, telecommunications infrastructure, digital media delivery, video over IP, voice over IP