ZeeVee raises round, to release web-in-your-TV box this summer



Companies as large as Apple are trying to let you stream online video content to your TV, but a startup named ZeeVee is coming out with what could be a popular alternative. It is building a box that essentially lets you plug your computer into the television cable wiring already in your house, taking advantage of under-used cable wires to run content from your computer.

This enables high definition television on the web in a home entertainment system in the living room, where most people prefer to do serious TV-watching.

The technology is called “localcasting” and includes a touchpad and mouse so you can control your computer through the television. The Littleton, Mass. company calls its brand of it “ZvCast” — the question is if consumers think “Apple TV” and its ilk has a better ring.

The company is well on its way to market, and I for one would like to try it out. You can pre-order on Amazon. The release is slated for June 30, 2008 with a $500 price tag.

The field for these kinds of boxes is crowded. Competitors include Vudu, which sells a set-top box for buying or renting movies. Another rival is Sezmi, which plans to launch an all-in-one box — with access to over-the-air local channels and Internet movies — later this year.

ZeeVee has total funding in the “double-digit millions” according to VentureWire, which reports that it recently closed a round from Alpond Capital and JLL Ventures.

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About the Author, Eric Eldon

Eric currently covers digital media technology and business, especially what's happening on social networks and their platforms. He writes and edits stories about lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a now-failed startup called Writewith, that was building editorial software for newspapers and other groups of writers.