IPTV Provider Avail Media Lands $25 Million

Authored by Mark Hefflinger on November 29, 2007 - 8:14am.

Reston, Va. - Avail Media, a provider of IPTV and other media services to broadband operators, announced on Thursday that it has raised $25 million in its second round of venture capital financing.

First-time investor Valhalla Partners joined Columbia Capital, Novak Biddle Venture Partners and Pioneer Ventures in the round.

Founded in early 2007 through the merger of Auroras Entertainment and Broadstream Communications, Virginia-based Avail provides IPTV delivery services for broadband operators.

The company offers a content library of over 300 channels from programmers including ABC-Disney, Turner, NBC Universal, MTV Networks and Fox Networks.

 

Related Links:
http://snipurl.com/1udts

http://www.availmedia.net



Comments

Post new comment

The content of this field is kept private and will not be shown publicly.
Add image
  • Allowed HTML tags: <a> <em> <strong> <cite> <code> <ul> <ol> <li> <dl> <dt> <dd><br><p> <b> <i> <img> <hr>
  • Images can be added to this post.
  • Web page addresses and e-mail addresses turn into links automatically.

More information about formatting options

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Copy the characters (respecting upper/lower case) from the image.