MeeVee wants to be your TV Guide: Raises $8 million more
The company has now raised a total of at least $20 million within two years, which is a very large amount of cash. This suggests it may be filling its coffers to make some acquisitions, to become your main online TV guide.
The Bay Area Equity Fund, which is affiliated with J.P. Morgan, led the round.
Word of a funding was first mentioned on Techcrunch, and was confirmed by VentureWire (sub required). Previous investors Labrador Ventures, Rothschild Ventures and WaldenVC also participated, according to the report. In January, we reported MeeVee raised a $6.5 million in a secnd round. It had raised $5.5M in 2004
A settings page lets you tell MeeVee which cable and other video services you get, so MeeVee wants to help you sort the various viewing options you have; and of course, you can share it all with friends.
It is difficult to know how much traction the company has gained. MeeVee has syndicated and licensed its television search and personalization service to newspaper portals and cable operators. One newly announced customer is Hearst Newspapers, where MeeVee is on the sites of Hearst-owned Houston Chronicle and the San Francisco Chronicle. The company is also trying to make money through advertising revenue.
http://www.siliconbeat.com/cgi-bin/mt331/mt-tb.cgi/1929
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