TVHead, a games-on-demand service in the IPTV and cable/VOD market has raised $11.5 million in second round funding. The round was led by Bay Partners, with participation from Mitsui Incubase and Apax Partners, the company’s first round investor. TVHead will use the funding to broaden consumer trials and deploy to initial target markets in late 2006.
The company’s casual games portfolio, along with the technology, integrates into existing VOD infrastructures.
Gamasutra: In April TVHead announced its broadband Games-On-Demand Network, which seems positioned to target set-top boxes in a similar way to UK services such as Sky Active.
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