Belmont, Calif. - Sezmi, the Belmont-based developer of a hybrid television platform that the company calls an alterative to satellite and cable, said that it will begin testing its service in unspecified pilot markets.

The service combines digital over-the-air local broadcasts, broadband video and channels beamed to a set-top by local TV stations over unused portions of the broadcast spectrum.

The company -- formerly known as Building B -- said that it plans to officially launch with broadband service providers and national retailers later this year. The company, led by CEO Buno Pati and Chairman and President Phil Wiser -- the former CTO at Sony and founder of Liquid Audio -- raised $17.5 million in August 2007 from Morgenthaler Ventures, OmniCapital, Index Ventures and private investors.

http://www.building-b.com/sezmi/php/news/press/press_thelaunch.php
http://www.sezmi.com