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Wednesday, May 2, 2012
Smarter TV: CrestaTech Grabs $13M To Bring Region-Free TV Reception To Any Device
Broadcast TV, set top boxes, IPTVs, DVRs and PVRs are going the way of the Dodo, and today's connected TVs have to be able to take advantage of the same smart processors and dynamic OS tech that powers smart consumer mobile devices today. This is the thinking being employed by a Silicon Valley-based startup called CrestaTech, which has been quietly designing a portfolio of programmable hardware and software technologies that enable universal TV reception for all manners of smart devices, TVs, tablets, and PCs. The vision is a big one, and today CrestaTech received further financial validation for its endeavor, announcing that it has closed a $13 million series B round of investment.
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