Banking on the smart phone boom continuing, the 12-year-old maker of software that enables users to watch live TV today filed to raise as much as $75M in an IPO. The filing did not indicate how many shares it will offer or the price. CBS, Fox and Disney’s ABC and ESPN all have content deals with MobiTV, which has seen its minutes streamed grow from 264 million in 2007 to 1.4 billion in 2010. Gefinor Ventures is the largest investor in MobiTV, along with Oak Investment partners. JPMorgan Chase & Co and Deutsche are managing the IPO for the Emeryville, Calif. firm, which was founded by Paul Scanlan, Phillip Alvelda and Jeff Annison.
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This article was printed from http://www.deadline.com/2011/08/mobitv-files-for-75m-ipo-with-sec/
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