Building-B Receives $17.5 Million for Broadband Video

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Building-B Receives $17.5 Million for Broadband Video
August 20, 2007

Building-B raised $17.5 Million from Morgenthaler Ventures, Omni Capital and Index Ventures.

What does Building-B do?

Building-B is creating an on-demand video entertainment platform.

VCU says:

Building B has an interesting management team and board of directors including prevous senior executives from entertainment companies as CBS, NBC, MTV Networks, Nickelodeon, Paramount, Showtime and Viacom. Their board of directors include those with domain specific knowledge such as Andy Lack, Sony BMG Music Entertainment chairman; Dr. Arun Netravali, managing director of Omni Capital and recipient of the National Medal of Technology for his pioneering contributions to HDTV.

Building B has created an on-demand video entertainment platform and service that works within homes today without expensive service provider infrastructure upgrades. The service consists of a turn-key home video entertainment solution that seamlessly integrates traditional television content in HDTV and extends it with on-demand premium content and Internet video while all is being delivered to the television without the need for a PC.

Building B’s advertising platform promises the kinds of targeting and relevance capabilities and other leading-edge features that will be critical components of next-generation television advertising.

See the Building-B website.




Read more about Morgenthaler Ventures here

Read more about Omni Capital here

Read more about Index Ventures here


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