Aereo, a broadcast-television streaming service, has raised $34 million to continue expanding into new cities, bringing its total funding to $92.4 million. The service is currently available in Atlanta, Baltimore, Boston, Dallas, Denver, Detroit, Houston, Miami, New York and Salt Lake City.
Two Takes
View TECHi Stance
Aereo raises $34 million to continue expansion into new markets
Mashable
View all Mashable Two Takes by TECHi
Read the original story
Published January 8, 2014
TECHi's Take
Broadcast-television streaming service Aereo has raised $34 million of Series C funding to continue expansion into new markets, and add to the company’s headcount. The move brings Aereo’s funding to a total of $92.4 million following Series A and Series Bcapital infusions. Aereo CEO and founder Chet Kanojia (pictured above) will announce the recent capital raise at the Citi 2014 Internet Media & Telecommunications Conference on Wednesday morning. In addition to providing capital for new employees and technology, Kanojia said Aereo plans to push into five new cities.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
Balanced Perspective
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
More Two Takes from Mashable
It's still hard to believe that we now live in a world where playing video games is a viable career,…
Facebook isn't the only emerging video-sharing behemoth that YouTube needs to be wary of, according to a report from Bloomberg…
There was a time when Opera was at the forefront of web browser innovation, and some of the features that…
Most automakers are choosing to develop their self-driving cars in the United States, and while Volvo is doing the same, it's…