ZillionTV, the streaming video set-top box-maker that’s backed by media giants like *Disney*, *Fox*, *Sony* and Warner Bros., has laid off an undisclosed number of staff. A former employee, now blogging at XYHD.tv, reports that the company let go roughly a third of its 100-member workforce; ZillionTV would only confirm…

Internet TV provider ZillionTV, another company offering an alternative to cable, launched today. According to a preview from the LA Times, the service includes some features that separate it in some ways from other internet-streaming options like Boxee and Microsoft (NSDQ: MSFT) Media Center’s set-top box. Those include better-quality streaming,…

Santa Clara, CA-based ZillionTV, a provider of pay TV services, has raised a $4.01 million first round, according to PE Hub. Investors include Sierra Ventures and Concept Ventures. The company offers few details on its plans, though it appears to have previously been known as Vaenco, which is developing its…