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
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post