Online-Video-To-TV Provider ZeeVee Closes Second Round
This story was written by David Kaplan.
Online video viewing source ZeeVee has completed an undisclosed, second round funding, giving the Littleton, Mass.-based company a total of "double-digit millions" to date, VentureWire reports (subscription only). Participants in the round included Alpond Capital and JLL Ventures. ZeeVee has just started accepting orders exclusively on Amazon.com (NSDQ: AMZN) for its ZvBox, a rectangular device that lets viewers watch online video through their HDTVs. ZvBox connects to the monitor output of users' computers and then broadcasts across the existing cable wiring to all HDTVs in a person's home. Other items on a user's PC can also be accessed, such as emails, photos, music and movies running on the computer's DVD player. Release
-- Twice: The deal with Amazon runs through June 2009, though ZeeVee also has plans to begin taking direct orders on its site. On the content side, ZeeVee says it is in talks with producers in hopes of one day being able to offer a pay to download or rental services. Brian Mahony, ZeeVee's VP, marketing: "There are ways we can inject content and make the integration with our own Zviewer more seamless, so part of our conversations are about finding ways to make it easier for viewers to find, tag, put in their favorites and play all forms of content."
By David Kaplan