San Mateo, Calif. -- San Mateo-based Akimbo said that it has received an undisclosed amount of new funding from Draper Fisher Jurvetson, Kleiner Perkins Caufield and Byers and Zone Ventures. The funds will help the company shift its focus away from its video-on-demand set-top box strategy to one that instead lets content providers publish Internet video on their own web sites. Akimbo initially launched as a maker of set-top boxes that delivered video-on-demand programming to televisions over a broadband connection. The new service for content providers will offer multiple revenue models, including ad-supported, transactional, subscription, download-to-own, download-to-burn, pay-per-minute and gift cards.
http://www.akimbo.com
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