MobiTV, an Emeryville, Calif.-based provider of IP-based video delivery solutions, raised $21M in funding.
Backers included Oak Investment Partners and Ally Corporate Finance.
The company intends to use the funds to accelerate expansion of its platform.
Led by Charlie Nooney, CEO, MobiTV provides IP-based software-based video streaming solutions for Pay TV providers to deliver content to their subscribers on any screen. Its connected media solutions are tailored for IPTV operators, as well as mobile TV and over-the-top customers including AT&T, Sprint, T-Mobile, US Cellular and Reliance among others.