Navio Systems has closed its second round of funding with $25.4 million of venture funding.

Navio sells multimedia networking software to media companies that allows subscribers to buy, share, download, store and access content while protecting the content. Their technology can be integrated into customers’ storefronts through the internet, mobile devices and peer-to-peer networks. It also allows customers access and redownload their purchased content when they lose or upgrade their devices.

Lead participants in this round were the WK Technology Fund and VantagePoint Venture Partners.