MobiTV on a roll… raises $70MM Series C round
Published by ChiefViddler July 22nd, 2006 in Industry, venture capital, Mobile Video
MobiTV of Emeryville, CA has raised a $70MM series C round of venture capital through Oak Investment Partners. These guys are hot - they’re supplying over 20 mobile carriers around the world, and here in the US have deals with Sprint, Cingular and Alltel. I haven’t used this service personally, but have seen the demos at the stores, and I’ll admit, it’s impressive.
I don’t see myself watching a great deal of video on my mobile, but it’s a good way to kill time by catching up on news. Apparently they also had a major hit on their hands with the recent World Cup, which had television-challenged consumers burning up those minutes in bulk to watch the matches.
Any users of MobiTV out there have feedback on the service? As long as I can do DVR-like functions to save programming to my local storage - so I’m not tethered to signal strength in order to watch videos, I’m all over this.







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