MobiTV Seriec C Funding Round
MobiTV announced earlier this year that it had secured $70 million in a Series C funding round. Now it is being reported that two more investors, Adobe Systems and Hearst Corporation, have now joined that round, bringing the total raised to over $100 million
The mobile television company has been investing in networking and media delivery technology and infrastructure. It hopes to support TV and radio delivery across a wide range of network technologies to both fixed and mobile screens. It claims to have well over a million subscribers.
Posted by admin on November 10th, 2006 :: Filed under Announcements
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