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Controversial Aereo TV service secures more funding
First Published Jan 07 2014 04:42 pm • Last Updated Jan 07 2014 04:42 pm

Aereo, the controversial Internet-based television service that’s live in Utah and also the subject of lawsuits from television networks, has secured a third round of financing totalling $34 million.

Several investors, including media icon Gordon Crawford and Highland Capital Partners contributed to the additional funding, Aereo announced Tuesday.

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Aereo takes local television broadcasts and delivers them to mobile devices and desktop computers through the Internet. The company is defending a lawsuit from Utah television stations KTVX Channel 4, KUTV Channel 2 and KSTU Channel 13 on claims of copyright violation.


Twitter: @ohmytech

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