Mobile Interactive TV Developer Bluestreak Raises $20 Million

Authored by Mark Hefflinger on October 11, 2007 - 7:11am.

Montreal - Bluestreak Technology, the developer of a platform for interactive TV and mobile phones, has raised $20 million in its fourth round of financing, led by Iris Capital, PEHub.com reported.

Tomorrow Group, and previous investors Solidarity Fund QFL, BDC Venture Capital and First Capital Group also participated.

Montreal-based Bluestreak's technology is used by companies including Time Warner Cable, wireless carrier Orange in France and Quebec cable operator Videotron.

http://www.bluestreaktech.com