Ecast owns and operates a Location-Based Broadband Network™, which combines a proprietary software platform, an extensive broadband network and digital media vending devices. Much as ATM networks enable banks to dispense cash and services, Ecast’s Location-Based Broadband Network enables the company to deliver music, games and other digital entertainment media from record labels and video game publishers to consumers at hotels, coffee houses, restaurants, nightclubs, bars and other location-based venues. Ecast has obtained the support of all five of the major record labels and also offers great independent and Latin music. Ecast has paved a clear path to success in this proven multi-billion dollar market and has stimulated users’ appetite for delivery of the best Internet-based content – anywhere, anytime.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 05/27/08 | Series D | 12.3M | NTEC, Ceres Venture Fund, NEW Capital Fund, Phenomenelle Angels Fund, Women Angels, Storm Venture, Angels Forum | Unknown |