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Video - Tuesday, October 2, 2007

Move Networks Takes Funding After Big Client Wins

American Fork, UT-based Move Networks has closed a big $34M round (it has raised $45M to date, reports PEHUB. Move Networks' online broadcasting technologies allow major networks and studios to deliver full-episode programming in a format that supports massive audiences at HD-quality levels.

Among the companies in online video Move Networks has one of the tougher models. That's because it requires users to install a plug-in that is competitive to Flash. YouTube and its competitors grew big thanks to the large base of Flash users. But it they can accumulate plug-in users of course they put some distance themselves and the Flash madness.

Move Networks sells large media companies the while video toolkit - including Simulcode, Publish, Play, and Monetize functions. From there its up to the content owner to have good enough stuff to convince users to download the Move plugin. Our experience in watching programming with Move is that once you see the high quality that is available, its' well worth it. Move has signed ESPN, ABC, and Discovery to name a few.

To demo Move, try ESPN360

Also, raised new funds in Boston-based Acinion, which took $21M from investors IDG and Globespan. Acinion sells an streaming HDTV server that it says will reduce bandwith usage.