SAVAGE, MD – LiveTimeNet has raised at least $3.46 million of a targeted $3.5 million equity round, according to a regulatory filing. The company sells a transport and delivery system for video content to media firms, sports and news broadcasters, channel aggregators, and event management companies.
The company’s Web site says it’s service covers both contribution and distribution of video feeds of any type, encoding or bit-rate, and includes both back-haul and transport.
“We enable our customers to distribute what they want, to whom they want, where they want, when they want, and in whatever format they want, all at a reasonable cost,” the company says on its Web site.
It also says its service will not be disrupted by the types of events that can affect satellite or fiber delivery.
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Tags: financing, LiveTimeNet, Maryland, video
