Skinkers, the UK company that is building a P2P live TV platform with Microsoft, has taken $16 million Series B in a round led by Acacia Capital Partners that included original investors Spark Ventures and the Skinkers Management team.
In April 2007, Skinkers announced LiveStation, the first interactive global broadcast platform over IP, providing the most scalable and cost effective solution to broadcast live and linear TV channels over the Internet directly to millions of computer screens.
Built on unique technology acquired from Microsoft in a pioneering “technology for equity” deal in 2006, LiveStation is due to launch a large scale technical trial involving some of the leading global broadcasters shortly.
Skinkers will use the funding to further develop and enhance their Live Notification Platform technology and bring to market LiveStation, their live P2P television platform.
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