Move Networks Raises $46M
Move Networks, the company that makes online television an enjoyable experience, has raised $46 million in Series C funding from Benchmark Capital, Cisco, Comcast Interactive Media, Televisa (also a Move customer), Steamboat Ventures and Hummer Winblad Venture Partners.
This is, we believe, the $34 million round that had previously been reported, plus a little frosting on top. Move PR tells us the company has raised approximately $68 million to date.
Move customers include ABC, FOX, ESPN, the CW, and Discovery. The company improves the online video viewing experience by selling customized media players and media management tools that smoothly manage varying bandwidth and other limitations to deliver extremely high-quality streams. It’s one of my favorite startups in the online video space.
Move also recently scored a coup of integration into Microsoft’s Silverlight, reducing the need for new users to install its plug-in.
Here’s a recent interview we did with Move CEO John Edwards about the increasing amount of time people are using his software:
Popular
Recent
Network
- College Humor’s LOLaid Raises Funds For Haiti [NewTeeVee]
- Tablet PC Team Blog Shuts Down [jkOnTheRun]
- Daily Sprout [Earth2Tech]
- YouTube Will Kill Flat-rate Mobile Broadband Pricing Forever [GigaOM]
- Portable Apps for the Mac [WebWorkerDaily]
- Sponsor post: Atimi Software Joins AT&T Business Alliance Channel Program as an Apple Ecosystem Elite Member [TheAppleBlog]
© 2010 The GigaOM Network. Marketing consulting by ACS.
Comments (0)
Linkbacks (7)
[...] HERE IS AN INTERVIEW WITH MOVE CEO, John Edwards [...]
[...] Move Raises $46Mhttp://newteevee.com/2008/04/14/move-networks-raises-46m/ [...]
[...] became the first CEO to have Crash, the GigaPuppy sit in on the meeting. Even though I was obsessed with why he raised $46 million, towards the end of the conversation, I asked him about his iPhone plans. He said Move is working [...]
[...] also run into trouble competing with the well-resourced giants in the space like Akamai or the well-funded startups like Move [...]
[...] Microsoft Gets a Piece of Move Networks Microsoft is extending its strategic relationship with Move Networks by adding an undisclosed amount of funding to the startup’s $46 million Series C round. [...]
[...] had raised $68 million to date, including a $46 million Series C round back in April of last year. Around that same time, Move integrated its adaptive streaming [...]
[...] streams to the end user without having to worry too much about how much bandwidth was available. It raised about $70 million and even nabbed a few deals with major broadcasters, being chosen as the default video technology [...]
Subscribe to comments feed