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September 1, 2011 02:09 am GMT

Mobile TV And Video Platform MobiTV Files For $75 Million IPO

mobitvMobile TV and video platform MobiTV has filed its S-1 with the SEC this afternoon. In the public offering, MobiTV plans to raise as much as $75 million.For background, MobiTV was founded in 1999 and was one of the pioneers in bringing live and on-demand TV to mobile devices. The company boasts partnerships with a number of carriers and content providers such as NBC, ESPN, Disney, CBS, Warner Music and more. And MobiTV has raised approximately $115 million from a wide range of investors, including Menlo Ventures, Redpoint Ventures, Adobe Ventures and Hearst Ventures.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/VpQ0dcY1j1g/

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