Mobile TV Firm Aylus Gets $10 Million, Opens Up R&D in Bangalore

Aylus Networks, a mobile TV and video delivery tech firm, will set up a global R&D center in Bangalore, to work in tandem with the company’s center in Westford, Mass. It will build mobility management solutions, enabling service providers deliver mobile broadcast TV/video and multimedia services across multiple access networks.
The company has also raised $10 million from VC firms Matrix Partners and North Bridge Venture Partners for technology development, with a product slated for deployment in a year.
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