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October 06, 2006
Stockholm founded Voddler Raises $2.2M For Virtual Cable TV
Voddler has raised around $2.2M in VC funding from Sweden's Freja Ventures and Lotsa out of Luxembourg, says PE Wire. The company plans a first roll-out in the US and Europe in 2007 of a virtual cable TV system. What's that?
VoddlerNet will allow viewers to watch TV programs, movies, and all varieties of video content from any Internet-connected device. VoddlerNet technology works on standard, 3rd generation, consumer electronic devices with Internet connection and memory disk or chip. Unlike Slingbox, no PC is required. Vodler promises full TV grade Quality of Service at 5% of current head end and distribution costs for on demand. To serve this, Voddler lays claim to "the world's largest, secure disk array."
The company was founded in April 2005 and now makes Palo Alto, CA is HQ. CEO Martin Alsen was COO & Co-founder at Mirror Image Internet AB, which he took public.
View - Linked-In for Martin Alsen
Posted on October 6, 2006 05:34 PM | Posted to Broadband Networks | Permalink
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