Tuesday, February 26, 2008

Akimbo Refocuses on Internet VOD Software

Akimbo introduced an Internet VOD software solution for content providers' own websites. The Akimbo solution includes advertising system and supports multiple business models including ad-supported, transactional, subscription, download-to-own, download-to-burn, pay-per-minute, gift cards, account credits, etc.

To support the development of this new solution, Akimbo secured new financing led by investors including Draper Fisher Jurvetson, Kleiner Perkins Caufield and Byers, and Zone Ventures.