Sling gets "large" round of venture capital

Updated

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Will consumers watch their own recorded TV shows on their cell phones?

San Mateo start-up Sling Media thinks they will, and apparently so do its investors. The private company has just closed another “large” round of funding to help finance the distribution of its product, which enables people to watch shows they record on TiVo or other places on Internet-enabled cell phones.

We don’t know the exact amount, but have it on good authority it is a large round. We know they have raised about $15 million over past two years. So given the attention they’ve received so far, it is probably about time they raised more cash.

Update: Om says it is not a large round; it is a “monster round.”

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About the Author,

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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