topics

DigiMeld Raises $2 Million For Live Video Streaming

DigiMeld, a startup offering its own technology for streaming live video online, has raised a $2 million first round from various unspecified angels. The NYC-based company pitches what it calls “grid streaming” an alternative to traditional CDNs as well as P2P-based solutions. It’s main test to date: A trial with NASA Television to stream a shuttle launch. DigiMeld was founded by Alex Mashinsky, previously the founder of Arbinet—in fact, DigiMeld’s service relies on Arbinet’s OptimizeIP platform. Though the company says it’s an alternative to CDNs, it also sees CDNs as potential clients. In addition to technology, it’s also positioning its site, DigiMeld.com, as a video portal. (Release via e-mail)

Aug 28, 2008 3:51 PM ET

Posted In: Media & Publishing, TV, IPTV, Money, M&A & Venture Capital, Venture Capital, digimeld

Comments (0)

Leave a Comment

Commenting is now closed for this article.

The Economics of Content | paidContent Newsletter

Know something we don’t?

Send Us a News Tip

All tips are anonymous and untraced.

Sponsors

Contributors