Belmont, Calif. – Sezmi, the developer of a hybrid
television platform that the company calls an alterative to satellite and
cable, has raised $17.3 million in a new round of private equity funding,
according to a filing with the Securities and Exchange Commission (SEC).
Two investors
participated in the round, which comes nearly a year after the company raised
$24.8 million from investors including Morgenthaler Ventures, Omni Capital
Group and TD Fund.
Belmont, Calif.-based Sezmi’s "personal" TV
platform combines traditional TV content, movies and Internet video in a
set-top-box format.
The company earlier this month began selling the service in
36 markets through Amazon. Best Buy sells it, as well.
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