Zixi Raises $4 million for Online VOD Software

Zixi, a start-up based in Waltham, MA, raised $4 million in new funding for its solutions for broadcast-quality HDTV globally over the cloud.



Zixi's software maximizes network bandwidth, minimizes startup delay and eliminates buffering, without sacrificing quality or altering business or operational processes. The company said its solution enables zero packet loss, split-second latency, a mere three to four percent overhead on available network bandwidth, 24/7 always-on performance, and rapid, scalable and carrier-grade deployments.



Broadcasters use Zixi to transmit video in Full-HD to multiple locations globally over the Internet. Internet video-on-demand services use Zixi to deliver instant, un-interrupted and best-quality HD videos to consumers' HDTVs, connected entertainment devices, mobile smart phones, tablets and PCs. Enterprises use Zixi to securely telecast collaborative HD video conferences to multiple locations worldwide in real-time with lower infrastructure costs.



The new funding was led by Boston-based private investment firm Schooner Capital . Industry veterans Sidney Topol, former chairman and CEO of Scientific Atlanta, and Maurice "Reese" Schonfeld, co-founder and first chief executive of CNN and the founder and former president of Food Network, invested alongside Schooner Capital.http://www.zixi.com