GoTV Networks raises $12M for TV over mobile phones
GoTV Networks, a Sherman Oaks, Calif. company that delivers TV over the mobile phone, has raised $12 million in a second round of financing from Motorola and Qualcomm.
GoTV failed in its original incarnation, and restarted in late 2004 to focus on mobile TV, with $15 million in a recapitalization round from Bessemer Venture Partners and Charles River Ventures.
It charges customers about $5 a month, and can be had on Boost Mobile, Cingular, Sprint Nextel Corp…. Continue Reading