Thursday, November 02, 2006

MobiTV totals $125M in funding!

The last time mobile video startup MobiTV1 said they raised $70 million in a third round of funding, we used them as an example of the return of the big VC money2. Now the Emeryville-based company is announcing today that it has raised even more money as part of its Series C: $30 million with additional investors Hearst Corporation and Adobe Systems. The company says their total Series C funding comes to over $100 million bringing the company’s total to $125 million raised since the company started in 1999 — now that is a lot of money.

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