RemoTV, Inc.
Channels!
- Conference
- DEMOfall 08
- Market Segment
- Consumer Software and Services
- Funding Amount
- $1,000,001-$5,000,000
- Funding Round
- Series A
- Funding Details
- RemoTV received $450,000 in seed funding from Connecticut Innovations in May, 2007 and has recently closed a $1.5 million series A from Connecticut Innovations and Signal Lake. A series B round is anticipated for late Q1 or early Q2 2009.
- Competitors
- Orb Networks, Tversity
- Product Description
- The RemoTV Channels! application installs on a personal computer allowing users to instantly stream their personal media libraries to any internet connected device including PCs, cell phones, smart-phones, social networks, game consoles, the iPod Touch and iPhone. Channels! users can add friends and share content within groups, or with the public. In addition to reaching more devices than existing place-shifting applications, Channels! can cache content, making it available when a users PC is offline.
- Market Opportunity
- The 7 million user+ place-shifting market which has not been effectively monetized. RemoTV will change this trend by supporting its free service with personally targeted advertising inserted directly into content streams. A white-label platform will also be released in 2009 to provide greater device reach and monetization capabilities to partners.
- DEMO Says
- If there is a list of technology pain points out there, multimedia content sharing should be at the top of it. Many companies have tried to emulate the iTunes model — point the software to your desktop folders and think about it no more — but we really like RemoTV’s approach. With the ability to stream any type of media to any network-connected device, a user’s multimedia content becomes accessible, sharable and flexible. With a free version for consumers and licensing plans in the works for existing delivery networks, RemoTV could well become the standard-bearer for multimedia sharing.
- Contact
- Christopher Penner
- cpenner@remotv.com
- Company Address
-
25 Science Park
New Haven, CT 06511 - Primary Phone
- 203-668-3873
- Primary Fax
- 203-773-9963
- URL
- www.remotv.com
- Officer One
- Christopher Penner - CEO & Founder
- Officer Two
- Robert Phan - CTO
- Officer Three
- William Ahern - VP, Product Development
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