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Video - Wednesday, October 31, 2007

Get Your HDTV Over The Net With Grid Networks

grid networks.png
Grid Networks wants to stream TV shows and films in HD and high-fidelity sound to your computer or TV using the Internet to get it you. Grid is not saying much but it looks like they will use P2P tech and partner with cable companies so that an additional box is not required.

Seattle's Grid Networks has raised $9.5M in its first round led by Panorama Capital and "two strategic investors to be disclosed in the future."

Grid's CEO Naughtin and several other GridNetworks execs were co-founders of Internap Network Services (NASDAQ:INAP ).

Read - announcement

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