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Blake Krikorian, CEO of Sling Media, Joins BitGravity Board of Directors and Initial Investment Round
| Source: BitGravity
BURLINGAME, CA--(Marketwire - August 6, 2008) - BitGravity, Inc. (www.BitGravity.com),
provider of next-generation Content Delivery Networks (CDNs) for
interactive broadcasting, today announced that Blake Krikorian, Sling
Media's co-founder and CEO, has taken a seat on BitGravity's Board of
Directors and joined other investors in BitGravity's initial funding.
Founded in 2006, BitGravity launched the first affordable HD and Live CDN,
and recently announced a strategic global partnership with Tata
Communications.
"Blake transformed the way we watch TV with the invention of the Emmy
award-winning Slingbox. He has been very successful enabling leading media
players with new business models and innovative technology and continues to
be at the center of the Internet media revolution," said Perry Wu, CEO and
co-founder of BitGravity. "We are fortunate to have strategic investors
whose knowledge and relationships in the media, communications, and
technology industry will be invaluable to BitGravity's growth."
"BitGravity is redefining the user experience around the quality and
performance of content delivery on the Internet and has built an incredible
team, a superior network, and an innovative service offering," said Blake
Krikorian, co-founder and CEO of Sling Media and BitGravity Director.
"Building a network and suite of technologies from the ground up with video
delivery at the core has enabled BitGravity to set a new watermark, making
Live delivery, HD-quality, and Interactivity part of the new standard for
online experiences. This isn't your father's CDN. I'm excited to join
BitGravity's Board, to support them through their growth phase and to
enable innovative companies around the world to deliver the highest quality
online experience."
Mr. Krikorian is co-founder and CEO of Sling Media, a wholly owned
subsidiary of EchoStar Corporation (NASDAQ : SATS ), a leading digital
lifestyle company. A visionary leader whose company was named a Technology
Pioneer by the World Economic Forum, Mr. Krikorian sits on the board of the
Consumer Electronics Association (CEA), received the Technology Leadership
award by Broadcasting & Cable, was named one of the 25 most influential
people in mobile technology (Laptop Magazine), was recognized as an
innovator who has changed the face of travel in the 21st Century (Travel &
Leisure) and named to Business 2.0's "50 Who Matter Now" and Forbes'
"E-Gang" lists.
Previously, he founded and served as CEO of id8 Group Holdings, where he
advised companies such as Microsoft, AT&T, Toshiba and Time Warner on
product strategy and invested in new product creation. Mr. Krikorian also
played an instrumental role in creating and defining products and
partnerships at General Magic and at Philips Mobile Computing Group, a
company he also co-founded. Mr. Krikorian holds a Bachelor's Degree in
Mechanical Engineering from UCLA.
Mr. Krikorian will assume his board role with BitGravity immediately.
BitGravity board members include CEO and co-founder Perry Wu and CTO and
co-founder Barrett Lyon.
About BitGravity
BitGravity has built the first CDN for Interactive Broadcasting, which is
optimized to deliver affordable, HD-quality video on demand, live
broadcasts, and interactive applications for massive audiences on the
Internet. BitGravity's patent-pending CDN is Tier 1, highly scalable,
and delivers the performance that consumers want and expect, including
streaming videos that play instantly, and live video with no buffering. The
company is based in Burlingame, Calif. and is privately funded by Allen and
Company, Blake Krikorian and other investors. www.BitGravity.com
Copyright © 2008 BitGravity, Inc. All Rights Reserved. BitGravity, Bitcast,
and BG LiveBroadcast are trademarks of BitGravity, Inc. All other marks are
the property of their respective owners.