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MobiTV, the Emeryville start-up that offers TV and other digital content to your mobile phone and other connected devices, is soaking up the cash.
It has just raised $30 million more in its third round of venture capital, GigaOm reports. This make for a total of $100 million since July — and its valuation reportedly already exceeds $400 million.
Is this company red hot, or is it getting bloated? It started out serving mobile phones. But it has since expanded to support any device with broadband — via any WiFi, or with provider AT&T.