SkyStream Picks Up Comcast Money

Publish date:

Comcast Interactive Capital Group joined AOL Time Warner Inc., Shaw
Communications Inc. and a number of venture-capital firms in a new $29 million
private funding round for SkyStream Networks Inc.

SkyStream's "Mediaplex Video Services Router" is designed to help operators
with video-on-demand, interactive and Internet-protocol video deployments.

It's the first time CIC has invested money in the company, while AOL Time
Warner and Shaw each reupped for a second time.

SkyStream has raised more than $88 million in two rounds of