EVERGREEN, Colo. and PALO ALTO, Calif. -- March 27, 2012 -- Wowza Media Systems, LLC, the "Any Screen Done Right(TM)" media server software company, announced today that growth equity investor Summit Partners has completed a minority investment in Wowza(R). This investment positions Wowza for continued strong global growth and opens up opportunities to expand the company's product offering.

Wowza Media Systems' CEO and Cofounder David Stubenvoll and CTO and Cofounder Charlie Good remain majority owners of the company and lead the Wowza Board of Directors. Greg Goldfarb, a Summit Partners Managing Director, has joined the board. The transaction was completed on...

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