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Games-on-Demand Network TVHead Raises $11.5 Million

Authored by Mark Hefflinger on June 5, 2006 - 1:49pm.
Mountain View, Calif. - TVHead, a games-on-demand TV network, announced on Monday that it has raised $11.5 million in its second round of venture capital financing. Bay Partners led the investment round; Mitsui Incubase and Apax Partners also participated. Founded in 2003, Mountain View, Calif.-based TVHead's technology uses cable and Internet TV providers' existing video-on-demand infrastructures to deliver on-demand video games to subscribers. The technology also supports community features and multi-device interaction. The company will use the funds to broaden its consumer trials and deploy to initial target markets in late 2006.
http://tinyurl.com/ovsn4
http://www.tvhead.com
tags: Games | Deals | VC | Video | VOD | TVHead | Games Deals | Bay Partners | Mitsui Incubase | Apax Partners |



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