Bamboom Labs Raises $4.5 Million Seed Round

Bamboom Labs is beta testing a new service in New York designed to let consumers watch their favorite broadcast TV shows on any Internet-connected device. The company has raised $4.5 million from the likes of FirstMark Capital, First Round Capital, Highland Capital Partners, High Line Venture Partners, and SV Angel, according to VentureWire. For $10 a month Bamboom members can rent an HD antenna that will allow them to watch local broadcast stations, as well as record and save programs, on their PCs, smartphones, and other devices. Long Island City, NY-based Bamboom also makes Netflix’s library available via its service, and incorporates social-media features such as Twitter and Facebook.

Author: Arlene Weintraub

Arlene is an award-winning journalist specializing in life sciences and technology. She was previously a senior health writer based out of the New York City headquarters of BusinessWeek, where she wrote hundreds of articles that explored both the science and business of health. Her freelance pieces have been published in USA Today, US News & World Report, Technology Review, and other media outlets. Arlene has won awards from the New York Press Club, the Association of Health Care Journalists, the Foundation for Biomedical Research, and the American Society of Business Publication Editors. Her book about the anti-aging industry, Selling the Fountain of Youth, was published by Basic Books in September 2010.