Avail Media, IPTV video provider, raises $25 million

Eric Eldon | November 30th, 2007

Avail Media, provides telecommunications companies like AT&T with video programming from MTV, FOX, Disney and other media companies. It has closed another large round of funding.

The Reston, Va.-company has raised $25 million in funding from Valhalla Partners, Columbia Capital, Novak Biddle Venture Partners and Pioneer Ventures. It has also raised $5 million in debt financing came from Silicon Valley Bank and an un-named strategic investor.

It has previously raised $12 million and even purchased a competitor, ViewNow, in September (more here).

Avail has distribution rights to more than 300 channels from national programming such as MTV Networks, Fox Networks, ABC-Disney, Turner, Discovery, and others. It provides encryption services for these videos.

Sphere It Digg this story!
Trackback URL

  1. December 3rd, 2007
    1:59 am

    Mercado TIME - 5 said:

    [...] Avail Media, IPTV video provider, raises $25M (Por VentureBeat) Diciembre 03rd 2007 Posted to Adquisiciones e Inversiones, Blogs, Mercado [...]

  2. December 19th, 2007
    3:17 pm

    VentureBeat » Vuze takes $20M for IPTV said:

    [...] large amount of funding for IPTV recently. Two weeks ago, VentureBeat reported that Avail Media had raised $25 million for its own [...]