RESTON, VA—Avail Media Inc., which sells IPTV and other media services to broadband operators, has secured a $17 million Series B round co-led by DC-based Novak Biddle Venture Partners and Columbia Capital.

IPTV, or internet protocol television, is typically delivered over a closed network infrastructure.

Avail’s existing investors, Pioneer Venture Partners, LLC and Benaroya Capital Co., also participated in the round. he company plans to expand its suite of services and hire additional employees for operations and technology development.

Avail Media was founded in early 2007 as the result of the merger between Auroras Entertainment and Broadstream Communications.

Ramu Potarazu, former CEO of Broadstream Communications is CEO, and COO of Intelsat. Diane Smith, former CEO of Auroras Entertainment, serves as president.

Avail Media is the emerging leader in providing managed content services and technologies through a fully integrated head end infrastructure for the profitable deployment of IP video.

“Avail Media’s software allows IPTV content to be acquired directly from programmers in its full-resolution and unaltered format, encoded and encrypted, and finally transported to the customer via satellite,” said Andrea Kaufman, partner at Novak Biddle Venture Partners and Avail Media board member.

“Most impressive about the technology is that the IPTV content is delivered over a platform that allows distribution to multiple market segments including Telco, Cable and Advanced Media,” Kaufman added.

Avail Media possesses a large content rights library of over 300 channels from national programmers, including premier content from programmers such as ABC-Disney, Turner, NBC- Universal, MTV Networks, Fox Networks, Discovery, and many others.

For more information see: www.availmedia.com

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