Venture Stays Tuned to Video Solutions
May 23, 2012- Share:
Over 200 VC investors have invested in digital video and video-on-demand products and services, according to the PitchBook Platform. Plus, approximately $1.71 billion dollars have been poured into these video savvy companies. Many of the current or formerly venture-backed companies, such as Bigband Networks and Harmonic, are similar to Avail-TV, providing VOD solutions to cable service providers. However, only one other company bagged a round as big as Avail-TVN, and that was back in 2006, when mobile TV and video platform MobiTV racked up $100 million in a Series C funding led by Adobe Systems, Hearst Ventures and Oak Investment Partners.
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