Wednesday, March 19

Video company Clearleap raises $9 million from Trinity Ventures and Noro-Moseley Partners

Video technology company Clearleap claims it is expanding viewer
options for "what's on TV." The details are vague as the company
appears to be in stealth mode, but it says it is working a new model
for bringing the near-infinite range of online video content to
television.

The Atlanta, Georgia company has raised $9 million in a round led by
Trinity Ventures and Noro-Moseley Partners. There's also a regional
digital media angle here. Atlanta is also home to Noro-Moseley, which
invests in companies based in the South — and to Turner, the large
cable television arm of Time Warner. Notably, individual investor Jim
Chiddix also invested: He's a former chief technology officer at Time
Warner Cable (a different cable division of the Time Warner
conglomerate). So did individual investor Sig Mosley, who's the the
president of Atlanta-based investment firm Imlay Investements.

The company itself boasts a number of founders with experience
building video technology.

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