Marina Del Rey-based CinemaNow has raised $20.3M in a new round of venture funding, the firm said today. The Series E financing came from EchoStar Communications and Index Holdings. The funding also included Transcosmos, Cisco Systems, Lionsgate, and Menlo Ventures. The funding brings the total raised by CinemaNow to over $40M. As part of the funding, CinemaNow and Echostar said that they would be looking at ways to deliver CinemaNow's content offerings to Echostar's subscribers. CinemaNow provides broadband, movies and video on demand via the Internet.
posted on Thursday, July 13, 2006 (Link to more information)
> CinemaNow Expands Film Library
> CinemaNow Tests Net Movie Purchases
> CinemaNow Raises $11M
> Intel, CinemaNow Partner
> CinemaNow, Warner Bros Ink Japanese Deal