Building B brings web videos to TV sets, raises $17.5M
Building B, the new startup that attempts to bring web videos to home television, raises $17.5M in its first round of funding, with Sony BMG Music’s chairman Andy Lack joining its board of directors.
Much like the Apple TV, Building B comes up with a set-top box that will transmit video programming from the web to the TV. It will also allow users to download high-quality movies.
The Building B, as Lack stated, plans to “marry video content and technology”, and is currently in the process of dealing with broadcasters, content providers, advertisers, broadband service companies, etc, to kick off the service. There’s no disclosures as to when the box will be launched to the public, yet.
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[...] A new startup called Building B wants to deliver online video to people’s TV sets. [...]
By Tuesday 8-21 links | News Videographer on August 21, 2007 1:43 pm