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ZeeVee completes undisclosed 2nd funding round

Mon, 05/05/2008 - 8:05am
Traci Patterson

Online video startup ZeeVee has completed an undisclosed second round of funding, giving the company a total of “double-digit millions” to date, VentureWire reported.

Participants in the round included Alpond Capital and JLL Ventures.

Last week, ZeeVee launched its ZvBox, a new consumer electronics product for watching any Internet TV – either online video or computer content on high-definition televisions (HDTVs) at home. The box is available for preorder online exclusively at Amazon.com.

The ZvBox connects to the monitor output of a computer and turns it into a new HDTV channel called Zv, which is then broadcast across the existing cable wiring to all HDTVs in the home. As a result, ZvBox frees TV watchers from set-top boxes (STBs), network schedules and laptop video viewing.

ZvBox represents a new product category for consumer electronics called “localcasting,” a method for broadcasting anything a computer can do using the home’s existing cable wiring and the TV tuners already embedded in HDTVs.

More  Broadband Direct:

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WSJ: DT considering bid for Sprint Nextel 

AdGorilla announces creation of AdGorillai 

Motorola upgrades software for CherryPicker platform 

InGrid's home security offering selected by Blue Ridge 

ZeeVee completes undisclosed 2nd funding round 

Broadband Briefs for 5/5/08

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