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N2 Broadband gets $10 million cash infusion

N2 Broadband, a digital cable TV asset distribution and management solutions provider, has secured $10 million in financing from Highland Capital Partners, with follow-up participation from AOL Time Warner Ventures. N2 has raised a total of $17 million, including strategic financing last year from AOL Time Warner Ventures, Jeff Arnold, CEO of The Convex Group and media analyst Paul Kagan.

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N2 designs and implements large-scale video distribution networks, including network management, billing and security components, working with film studios and other entertainment companies to automate secure distribution of digital content onto cable systems for video-on-demand and other services.

--Jim Barthold, senior editor

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© 2012 Penton Media Inc.

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