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.
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.
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
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…
Bots are the next big thing for messaging apps, and Facebook wants to make sure that it's one of the…
