Sling Media Gets $4 Million Funding

Sling Media, the San Mateo, CA-based media hardware startup, has received $4 million in debt financing from Hercules Technology Growth Capital. The company recently introduced Slingbox, its media box which lets viewers record and let them watch their TV from anywhere at anytime. It connects to a home network, and redirects the TV feeds from the home to any Windows Media-enabled device the consumer already owns. (Wal Mossberg’s review here)

This is the company’s third round of financing
Hercules was also granted an option to invest in Sling Media’s next equity financing under the same terms, conditions and pricing offered to other participating investors.

Related:

Slingbox Debuts To Mixed Reviews

Place-shifting TV Could Raise New Copyright Concerns

Sling Media Receives $10.5 Milion Funding

Hearst Invests in Sling Media

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