More Money Pouring Into Rich Media; Move Networks Adds More Funding
ZDNet | April 14, 2008
Move Networks is announcing that they’ve raised a $46 million C round today from a variety of interesting companies including Cisco and Comcast Interactive Media. Move has gained a lot of ground as a high definition delivery mechanism for ABC.com and others. One of the things that makes Move interesting is the ability to change the bitrate of the streamed content based on how much bandwidth is available to the person watching the stream. They partnered with Microsoft around that feature so that Silverlight could take advantage of it.
