Posted by : Randy Cooper in (CDN)

BitGravity pipes video through the web, raises round

BitGravity is a bit player in the world of moving video through the web. But it believes in rounding up some powerful partners. The Burlingame, Calif.-based company is announcing today that it has raised $2.5 million from media dealmaker Allen & Co. and Blake Krikorian, cofounder and CEO of Sling Media, the maker of the popular Sling Box. (Sling Media is now owned by EchoStar.) Krikorian will join the BitGravity board.

Source: http://venturebeat.com/2008/08/05/bitgravity-pipes-video-through-the-web-and-raises-round/

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