ProVision Communications, based in Bristol, UK, develops a wireless HDTV technology that streams multiple live high-definition TV signals to any room of the home using the same wireless network and video encoding technologies found in PCs and mobile phones. The company’s send-and-receive technology is intended to be sold to manufacturers and integrated into set top boxes and HDTVs. ProVision plans to extend the technology into a wide range of consumer electronics including set top boxes, PCs, mobiles, Blu-ray players and camcorders. The new $1.7m equity investment will be used to expand the sales team and accelerate product development, including new software for PCs and Android and iPhone mobile handsets. Management signaled a long-term product strategy to broaden integrations across consumer electronics.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2010