Online video services company Move Networks raises $46 million

Update: The company was valued at $150 million before the investment, according to the company’s chief executive.

Move Networks is one of several companies that offers a suite of services to help large media companies offer high-definition video over the web.

Its technology encodes high-quality video, and cuts down on buffering delays as a user watches a video, along with related services. Broadcasters use this content delivery service to stream long-form programs like Grey’s Anatomy over the… Continue Reading