Penthera, which makes software to power video downloading to mobile devices, has raised $6 million from Liberty Global Ventures, the venture investment arm of Liberty Global International, which is the biggest international cable company and chaired by John Malone. Liberty Global is also a Penthera customer.
In the ever-expanding world of instant entertainment gratification, a growing number of people want access to their TV shows and movies on mobile devices even when they don’t have solid internet access. They could be on a plane or a train with limited or no WiFi, or maybe they’re on vacation in an area that has poor coverage. Among the companies that have stepped up to offer customers the ability to download content to their devices rather than only stream are Comcast and Netflix, and according to a new study, it would behoove more providers to pay increased attention to this option.
Pittsburgh, PA – May 23, 2017 – Penthera, creator of industry-leading download-to-go (D2G) software for streaming video services, recently surveyed U.S. consumers, ages 18-44, to measure the awareness, usage and value of D2G. Results from the survey confirm that consumers see D2G as a valuable enhancement to streaming services. Among the findings: