Philo financing round raises USD 10 mln

Tuesday 16 June 2015 | 17:04 CET | News
Philo, a next-generation TV platform, said it has raised USD 10 million in a financing round led by New Enterprise Associates (NEA). CBC New Media Group, Home Box Office (HBO), Rho Ventures, XFUND, and CEO Andrew McCollum also participated. The round will allow Philo to expand its product vision, develop additional operational and strategic initiatives, and relocate company headquarters to San Francisco. Philo recently appointed CEO McCollum and said it has used its presence at universities across the country to pioneer a new vision of television, enabling the viewing of video content on any

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Categories: Broadcast & Satellite / Internet / Mobile & Wireless
Companies: HBO
Countries: United States
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