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Broadband

MobiTV raises USD 21 mln in new funding

Wednesday 22 February 2017 | 09:09 CET | News
MobiTV announced it has closed USD 21 million in funding from Oak Investment Partners and Ally Corporate Finance. The funding will accelerate expansion of the MobiTV Connect Platform to enable IP delivery for pay-TV providers. MobiTV's software is available for cable and broadband operators, to help enable new features such as 4K/HEVC, cloud DVR, replay TV and voice control across multiple screens without the cost of replacing legacy QAM STBs. Its customers include Indian operator Reliance Jio, which offers the Reliance live video service for its mobile customers.

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Categories: Internet
Companies: MobiTV / Reliance Jio
Countries: World
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