Internet Broadcasting Corp. Closes Series A Funding to Grow VibbleTV

Published On April 17, 2012 |

Internet Broadcasting Corp. (IBC), an Internet protocol television (IPTV) pioneer, has closed its Series A equity financing.

The round was led by Washington DC area angel investors and the existing investor Silver Stone Capital.

Led by Suresh Kadagala, the CEO and founder, the company intends to use the funding to help fund the roll out of Vibble TV its initial offering that focuses on the three million plus South Asians in the United States.

Vibble TV’s offering already includes Indian television content provider ZEE TV and 60 other channels. In addition, Vibble TV offers to its subscribers over 500 Bollywood movies and the entire library of Amar Chitra Katha animated Indian fables through video on demand. The company is continuing to add content to its lineup and plans on launching the service in May.
Audience can always watch live television and video on demand with the ability to pause, fast-forward or rewind. through mobile devices, tablets, computers or television.

FinSMEs

17/04/2012

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