Aereo raises $38M in funding

Date:
Tuesday January 08, 2013

Company Name:
Aereo

Company Website:
https://www.aereo.com

Categories:
Digital Media, Other Software

Deal:
Funding

Source:
http://ow.ly/gLEC4

Aereo announced that it has closed on a $38 million Series B round of financing, led by existing investors IAC and Highland Capital Partners.  Previous investors from Aereo's Series A funding round, including FirstMark Capital, First Round Capital, High Line Venture Partners, and selected individuals, also participated in this second round of financing. 

Aereo is a technology company that provides consumers access to LIVE HD broadcast television on the Internet through use of its remote integrated antenna/DVR technology.  The company's headquarters are based in New York, but they have a development center in Boston.