New York – Bamboom Labs, a developer of infrastructure
technologies for the delivery of live TV over the Internet, announced on Thursday
that it has raised $4.5 million in seed funding, led by FirstMark Capital.
Also
participating were High Line Venture Partners, SV Angel, First Round Capital
and Highland Capital Partners.
New York-based Bamboom was founded by Chaitanya
Kanojia, whose previous company Navic Networks was acquired by Microsoft in
2008.
Bamboom says its technology provides "the ability to access live
free over-the-air broadcast signals securely over the Internet, and direct it
to IP-enabled devices on their own terms."
The company is currently in
closed beta testing of its technology.
Related Links:
http://www.bamboom.com
