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Akimbo

411 Borel Avenue #100
San Mateo, CA 94402
USA
(650)-292-3330
Website Company Summary Management Team
Team

Management: Neil Goldberg (COO);  Peter Shantel (CFO)
Outside board: David Habiger (Sonic Solutions President/CEO) Frank Creer (Zone Ventures);  William R. Hearst (Kleiner Perkins) Andreas Stavropoulos (Draper Fisher Jurvetson)
Company

Business description: With 12 patent applications featuring more than 150 patent claims, Akimbo is the first company to deliver digital-quality video-on-demand to any television via a broadband-Internet connection. Named to the OnHollywood 100 by AlwaysOn and “Best of What’s New” by Popular Science, Akimbo has also accepted 2005 Digital World Innovations and CES Best of Innovations 2005 awards for its easy-to-use and affordable Internet video-on-demand service. As an aggregator of brand-name and specialty video content, Akimbo provides one of the world’s largest collections of on-demand programming to companies including AT&T, Cisco Systems, Inc., Microsoft Corp., and Thomson Corp. Akimbo has offices in San Mateo, Calif. and is a privately held company funded by AT&T, Blueprint Ventures, Cisco Systems, Inc., Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers, Sprout Group and Zone Ventures.
Customers include: Anime Network ;  BBC Worldwide Americas;  Granada International;  National Geographic TelevisionAndFilm;  Varsity Television
Partners include: ATandT Blinkx CalixIntelScripps NetworksSonic Solutions Yahoo! ;  HDNet ;  here! Networks ;  Major League Baseball Advanced Media;  TBS;  The Boardriding Channel;  Zip.ca
Capital

Rounds: 3
Recent fundings: Feb 2008   Jun 2006
Capital raised: 56.3M
Last Round: 8.0M
Ownership: Private  
Corporate investors: ATandTCisco Systems

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Overview
Record updated: Feb 2008
Sector: Communications
Year Founded: 1999
Rounds: 3
Recent fundings: Feb 2008   Jun 2006
Capital raised: 56.3M
Last Round: 8.0M
Ownership: Private