GlassBOX, the parent of the Bite TV interactive broadcast channel, has raised C$5 million ($4.89 million) from JLA Ventures and various individual media executives. BITE TV bears a resemblance to Al Gore's Current TVit's a broadcast network with a range of amateur and profesionally-produced content. In addition to being available over various Canadian broadcast networks, its content is distributed by Joost. Release.
More here on the company and its announcement from Variety.
By Joseph Weisenthal