Clearleap closes $9M To Bring IP Distributed Video To TV’s

With a fresh $9 million in Series A round of funding, Clearleap Inc.’s concept is in its name – clear online video content leaping from the computer to the television. The start up company develops technologies that will expand viewer options for “what’s on TV,” creating a new model that brings the breadth and diversity of internet video to the convenience and quality of TV. Clearleap was co-founded by Braxton Jarratt and John Vecchio, veterans of venture funded N2Broadband, a video pioneer acquired by Tandberg for $120 Million in 2005. Both held executive positions at Tandberg Television (an Ericsson company); Jarratt held senior positions at Cox Enterprises and Vecchio at Scientific Atlanta (now a part of Cisco). I will be on the watch out for this company in the next few quarters, these are seasoned silicon valley entrepreneurs, they are well financed, and the IPTV/Digital Television industry is in its infancy as next year (2009) is the governments mandated public switch over year to DTV technologies.

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I am the founder of Urban Technology Ventures I love to cook, and I been doing web development and networking since 1996.
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