Tivli, a Boston, MA-based service that delivers television to university students on their devices on campus, completed a $6.3m Series A financing.
The round was led by New Enterprise Associates (NEA) with participation from Felicis Ventures and Rho Ventures, and strategic investors CBC New Media Group of Raleigh NC, Home Box Office, Mark Cuban’s Radical Investments, and WME.
The company intends to use the funds to expand in the university market and other operational and strategic initiatives.
Co-founded in Harvard by Tuan Ho and Nicholas Krasney and led by Christopher Thorpe, CEO, Tivli offers an IP-based experience for students to access the university’s multi-channel TV lineup (which is typically offered in residence halls), from anywhere on campus and soon on multiple devices. It also provides an interface, built-in guide and DVR. The company is integrating with TV Everywhere and on-demand products including HBO GO, interactive content and social media integration.
After the initial launch at Harvard, Tivli has grown to Yale, Texas A&M University, the University of Washington, and Wesleyan University, among other universities.
FinSMEs
11/07/2013