Aereo raises $34M in funding

Tuesday January 07, 2014

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Digital Media, Enterprise Software



Aereo, Inc., today announced that it has closed a $34 million Series C round of financing. The new round of financing will support Aereo’s rapid nationwide expansion and increased investments in hiring and technology.  IAC was joined by iconic media investor Gordon Crawford and Himalaya Capital Management, as well as existing investors Highland Capital Partners, FirstMark Capital and others for this additional round of funding.  Crawford, a media and entertainment industry veteran, is one of the industry’s most influential and successful investors, having worked at Capital Research and Management for 41 years. Himalaya Capital Management is led by global investor and human rights activist Li Lu.  READ MORE