Another burst of cash for the quickly-growing social TV space: this time, Austin-based Mass Relevance has closed a $3.3 million series A round led by Austin Ventures. The company says it plans to use the investment to accelerate growth among media, entertainment, consumer brands and retailers.
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Posts Tagged ‘investment’
TV Everywhere is the technological ability to watch whatever you want, whenever, however you want it (from your phone, tablet, laptop, etc.). It’s included as part of your cable subscription service, so it comes at no extra charge to you. The best part is that it is easy. The TV Everywhere site (http://www.youcouldbewatching.tv/) by CTAM (Cable and Telecommunications Association for Marketing) will guide you through the log-in and authentication process online and direct you to the individual cable and networks apps so that you can start watching TV everywhere.
The team that launched the social TV guide startup Fav.tv is joining TVGuide.com. "This is an 'acqui-hire' in the truest sense of the word," TVGuide.com GM Christy Tanner told us. The two Fav.tv engineers will be joining TVGuide's mobile development team, and the Fav.tv service will shut down in the next few weeks. Tanner said they'll be helping TVGuide's team incorporate the Watchlist service -- currently only available on TVGuide.com -- into its mobile apps.
Another investment in the social TV space: the social TV data company Bluefin Labs just closed a $12 million series B round led by Time Warner Investments. Bluefin measures conversations around TV shows and commercials, and then sells that data to programmers, distributors, agencies and advertisers. "2012 will be a year of huge growth at Bluefin Labs," explains Deb Roy, co-founder and CEO. "With this funding we will continue to invest in R&D and build out our sales and client service offerings."
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