Zixi, a Boston-area company that enables HD video delivery through the public Internet, announced its first round of $4 million today from Schooner Capital, Sid Topol (founder of Scientific Atlanta) and Reese Schonfeld (former CEO of CNN). Zixi's software optimizes network bandwidth while minimizing delays typically found when initiative playback and eliminating buffering. Zixi does this by adding its own software layer geared for video delivery on top of standard Internet delivery protocols. Zixi works for both on-demand and live streaming video.
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