Internet TV Distributor Move Networks Raises $11.3 Million

Authored by Mark Hefflinger on February 5, 2007 - 8:25am.

American Fork, Utah - Move Networks, a provider of video distribution technology for TV network clients, announced on Monday that it has raised $11.3 million in new funding, led by Hummer Winblad Venture Partners and Steamboat Ventures.

Utah-based Move Networks, whose customers include the CW and Fox Networks, said its research shows that users who watch videos using its proprietary player watch for an average of more than 35 minutes, compared to under 10 minutes for other players.

 

Related Links:
http://www.movenetworks.com

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