Move Networks gets funded for Flash alternative

 

Utah-based Move Networks has secured $11.3 million in funding for its streaming video software and service. Hummer Winblad Venture Partners and Steamboat Ventures, a private investment arm of Walt Disney participated in the funding round. Move Networks is led by John Edwards who has held executive positions at number of companies including Chairman and CEO of I-Link Corporation (enhanced VoIP services), President of Coresoft (object-oriented business systems for telephony and data), President of Digital Research (owners of DR-DOS), and Executive Vice President of Novell (enterprise networking).

Move networks wants a play in streaming of full-length videos which suits well with major media companies like Fox, CW Network,…… Move Media Services end-to-end solution including Simulcode, Publish, Play, and Monetize take care of the entire publishing and broadcast system. These toolsets combined provide content publishers with the ability to stream video content with minimal latency, editing and publishing control, ability to add “DVD-like” navigation, add user control and interactivity, and receive detailed statistics.

From the consumer standpoint Move acts as an alternative platform to Macromedia Flash which is used by most of the video sharing sites. Just as in flash, users need to download and install Move Networks plugin to receive streaming content. Getting users to download and install the player would play a big part in how fast Move Networks gets off the ground. With Microsoft already building up Flash alternative and Google/Youtube’s love for Flash, it would be interesting watch Move’s growth plans. Anyway Move Networks already has signed up few big clients including Fox and CW and claims that its operations will be profitable sometime this year.

Links:
Move Networks

 

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3 Responses to “Move Networks gets funded for Flash alternative”

  1. StartupSquad » Blog Archive » Flash goes offline Says:

    […] Adobe is expected to launch a new Adobe Media Player that will get Flash videos playing in offline mode. The media player, till date code-named Philo, will enable users to subscribe to videos via RSS. Commenting and sharing will also come as part of the media player. The new move from Adobe is directed more towards content publishers with DRM tools included as part of the package to control reuse of content. Besides this, the new product will also offer analytics capabilities to publishes for getting media usage details. To avoid conflict of interests and startups jumping onto other media playing platforms like Move Networks, Adobe is not trying to project an image that it is competing with recently launched video delivery and personalization tools for desktop. The Media Player will go into beta testing later in the spring and will be generally available later this year. On the whole, this is yet another strong product to appear on the Apollo scene. Personally I am not convinced to make Apollo part of my daily life as yet. Will see if that changes after launch of the media player and office tools. Tags: […]

  2. Chris Says:

    UPDATE: For those of us who are not large video content producing organizations%u2026 Move Networks technology is now available by subscription. For a beta demo and free trial visit http://www.stepforward.tv

    Whether you are sharing videos for personal use or broadcasting business content to worldwide audiences this web based solution lets you share or broadcast videos through public or private environments edit videos, create new clips and broadcast custom video channels. (Some features may not be available with beta release)

  3. Anon Says:

    Ehh, is it just me, or when I right click a video displayed through move player, why do I get an Adobe Flash context menu?
    I believe move player is built off of Adobe Flash.

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