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Veebeam, the DEMOgod winning startup that has developed a way to easily stream content from your computer to your HDTV wirelessly, has snagged another $6 million in the first part of a two-part second funding round.
As I’ve written previously, Veebeam’s product consists of two parts: A USB antenna inserted into your PC, and a wireless receiver that plugs into an HDMI port on your HDTV. The two units establish a secure wireless connection and are capable of streaming HD files up to 1080p resolution from 5 to 10 meters. The system relies on Wireless USB (WUSB) to make the connection — a short-range wireless standard that offers more bandwidth than Wi-Fi and also experiences less interference.
The Veebeam SD is available for $99, and the HD version is slightly more at $139. Both support PCs and Macs. The HD product is one of the only wireless streaming solutions that can push out 1080p high-definition video. Veebeam is competing directly with Netgear’s Push2TV technology (which only works with select PC laptops), and indirectly with streaming solutions like the Roku Box, Apple TV, and the upcoming Google TV.
The big benefit of Veebeam is that it lets you see on your TV exactly what you’re seeing on your computer. It won’t have issues streaming content from Hulu’s website, for example, which Google TV and Boxee are still having trouble with. While it’s seemingly no different from hooking up your computer directly to your TV with a video cable, Veebeam offers a wireless solution that should be less fuss than constantly rigging up your laptop to your HDTV.
The company has offices in San Diego, Calif., and Cambridge, UK. Thus far, it has raised $22 million in funding. This latest round was led by Amadeus Capital Partners, Intel Capital, and Oak Investment Partners, who were joined by Bay Partners, Formative Ventures, Khosla Ventures, and Vision Capital.