DirecTV invested in digital video developers LiveClips and...
DirecTV invested in digital video developers LiveClips and i.TV, deepening its stake in second-screen applications, DirecTV said. The size of DirecTV’s investment in the two companies wasn’t disclosed. It has already deployed LiveClips for its NFL Sunday Ticket package. LiveClips,…
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which raised $2.15 million from investors earlier this year, delivers real-time sports video clips to Internet-enabled and mobile devices, LiveClips said. Its video technology takes in live feeds from games and delivers searchable clips of every play to mobile devices within 10 seconds of live action, LiveClips said. LiveClips also has provided in-game video highlights for NCAA college football games, the company said. LiveClips received $1.15 million in December 2012 from Advantage Capital Partners and Ironwood Capital Connecticut, supplementing the $1 million investment made in 2011 by Amazing Grace Media, a firm headed by LiveClips CEO Lewis Bakes. I.TV, which developed a TV listings app for Apple’s store, designs and builds second-screen platforms for AOL, Huffington Post, Entertainment Weekly and Nintendo. I.TV recently acquired GetGlue, the developer of a second-screen and TV check-in app that has more than 4.5 million registered users and 75 TV network partners, i.TV said. DirecTV’s investment in the two companies gives it “unique capabilities to embed in our products and the ability to influence roadmaps,” Tony Goncalves, DirecTV senior vice president of digital entertainment products, said in a statement. “In turn, these companies gain access” to DirecTV’s technology group and “subscriber scale."