Belmont, Calif. - Sezmi on Thursday introduced its next-generation television platform, an alternative to cable and satellite services that combines digital over-the-air local broadcasts, broadband-delivered video, and channels beamed to the Sezmi set-top by local TV stations over unused portions of the broadcast spectrum.

Belmont, Calif. - "Building B," a start-up that is developing a set-top box that will deliver an on-demand video entertainment platform and service, announced on Monday that it has raised $17.5 million in its first round of venture capital financing.