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Avail Buys ViewNow

Avail Media Inc., a Reston, Va.-based provider of IPTV and other media services to broadband operators, has acquired ViewNow, a supplier of video-on-demand programming. No financial terms were disclosed. Avail raised a $17 million Series B round earlier this year from Novak Biddle Venture Partners, Columbia Capital, Pioneer Investors and the Benaroya Companies. The selling party was Kasenna Inc., which has raised over $80 million, from firms like Alloy Ventures, U.S. Venture Partners, Intel Capital, AsiaTech Ventures, Artiman Ventures, Key Venture Partners, Cypress Ventures, Silicon Graphics and Sun Microsystems. www.availmedia.com www.viewnow.tv