Cisco invested in Widevine Technologies because of its leadership position in the content protection and digital forensics market and for its open solutions platform approach.

“When we looked at the overall market for content protection it became clear that Widevine was by far the most advanced vendor in the space. Widevine provides TELUS with maximum flexibility with a proven solution spanning our technical and business requirements for wireline and wireless services” said Mathew George, Vice President, TELUS Ventures. “We believe Widevine is the right choice not only for TELUS, but for all other telecommunications operators looking to deliver entertainment content--which creates an exciting investment opportunity.”

“We are pleased to be supported by one of the world’s leading telecommunications operators and the global leading supplier of network and video technology,” said Brian Baker, President and CEO of Widevine. “This investment will enable Widevine to further strengthen our market leadership, product and intellectual property portfolios and customer satisfaction as well as aggressively deliver on our vision of content protection delivered to every device in our operators’ network domains.”

The Series C strategic round, worth a total of $16 million, includes follow-on investment from VantagePoint, Bear Stearns Constellation Ventures, Pacesetter Capital and Phoenix Partners.

For more information about Cisco Systems please visit http://www.cisco.com

For more information about Telus please visit http://www.telus.com

For more information about Widevine Technologies please visit http://www.widevine.com