Sunday, December 23, 2012

Sling Media gets $10.5M in funding - Silicon Valley / San Jose Business Journal:

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of San Mateo, says it's received $10.5 millionh in Series A fundingfrom , and undisclosed strategic Terms of the investment were not "An enormous gap exists between what is possibler with today's digital entertainment technology and its usability by consumers. It is our positio that 'CE' should stand as much for consumer experience as it does forconsumerf electronics," says Blake Krikorian, chief executive officerf of Sling Media, in a writtem statement. The company says it's readying its firsr product -- the Slingbox Personal Broadcasterd -- for market.
It's described a devicer that allows users to enjoy theirr entire live TV experience fromany device, via any network, anywher e in their home or around the world. The Slingbosx connects to and "placeshifts" content from any cable box, satellits receiver, or personal video recorder. It'a expected to be in the marketr during the first quarter of thecompany says.

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