Invodo Wins Internet Retailer

Austin-based Invodo, which provides e-commerce video hosting and production to online retailers, said today that retailer Living Direct is using the firm's product. Invodo said Living Direct recently partnered with Invodo to launch video initiatives on its sites, and, with Invodo producing custon video content for those sites, and providing the software infrastructure for streaming videos. Financial terms of the win was not disclosed. Invodo is venture backed by S3 Ventures and Sevin Rosen Funds.