BlackArrow Receives New Round

  • Feed Type
  • Date
    11/16/2010
  • Company Name
    BlackArrow
  • Mailing Address
    160 West Santa Clara Street San Mateo, CA 95113
  • Company Description
    BlackArrow was founded with the express purpose of helping programmers, agencies, and operators capitalize on the new advertising and revenue opportunities made possible by on-demand TV technologies, such as the digital video recorder, video-on-demand, and broadband video.
  • Website
    http://www.blackarrow.tv
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    As part of this collaboration, the two companies will develop integrated addressable media and advertising solutions for set-top boxes and mobile devices, as well as cloud-based, hosted video services and IP video delivery. BlackArrow will use the additional capital from the investment for new product development and worldwide deployment of their Advanced Advertising System to networks and New TV content distributors.
  • M&A Terms
  • Venture Investor
    Motorola Ventures

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