TVU Networks Snags New Funding

Mountain View-based TVU Networks, which develops mobile broadcasting hardware for television transmissions, said today that it has landed a new round of funding. Size of the round was not disclosed. According to TVU Networks, the new funding was led by SoftBank Ventures Korea (SBVK), and also included Altos Ventures and New Atlantic Ventures. TVU Networks develops mobile broadcsating products, which use 3G/4G mobile uplinks to transmit broadcast video. The firm said its products, including its TVUPack products, allow broadcasters to transmit video through a backpack, providing the equivalent of a satellite or microwave TV truck. A regulatory filing indicates the firm raised $4M in the funding round. More information »


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