Thursday, November 2, 2006

MobiTV Beams In $30M

Emeryville-based MobiTV, a mobile and broadband television and music service, said today that it has received an additional $30M in a second close of the firm's Series C funding. Adobe Systems Incorporated and Hearst Corporation have both made investments in the firm as part of the funding round. MobiTV said that the additional funding brings the total raised in the Series C round to more than $100M. Earlier investors in the round include Oak Investment Partners, Menlo Ventures, Redpoint Ventures and Gefinor Ventures. More information »