Atlanta-based Clearleap, a developer of video delivery technology, has raised a $9 million first round from Trinity Ventures and Noro-Mosely Partners. The company, which was founded last year, is aiming to meld the breadth of internet content with the quality and ease of traditional TV delivery. Beyond that, it is still pretty tight with details on its technology. Its target customers are mainly TV operators of various sorts (cable, satellite, IPTV), to whom its offering a new mode of internet delivery. CEO Braxton Jarratt was previously at digital TV firm Tandberg Television, a unit of Ericsson (NSDQ: ERIC). Release.
By Joseph Weisenthal