DEMO.com > ViaCLIX

ViaCLIX

Conference: DEMO Spring 2010
Market Segment: Consumer Software and Services
Funding Amount: $10,000,001-$25,000,000
Funding Round: N/A
Funding Details: Raised $4M from Korean investment company for seed capital and the balance from private investors
Competitors: Vudu, Roku, Seizmi, AppleTV, Boxee, Tivo, Akimbo
Product Description: ViaCLIX’s patented technologies provide a revolutionary model for combining traditional BroadcastTV with InternetTV (YouTube, Hulu, NetFlix, etc.) in a simple and easy-to-use channel based navigation system that the mass market comprehends. Unlike other InternetTV solutions which have to license from specific content providers, ViaCLIX leverages content already on the Internet to not only match what others have, but offer the widest choice of content limited only by what is available on the Open Internet.
Market Opportunity: Strategy Analytics in their December 2008 Digital Media Devices Global Market Report forecasts that the growth of Connected Media Devices would grow from 100M units in 2010 to beyond 550M units by 2014.