Turner Broadcasting System (TBS), a cable television broadcaster owned by media conglomerate Time Warner, joined the series A round for US-based online video delivery specialist iStreamPlanet on Tuesday. The round, led by corporate venturing unit Intel Capital, has now raised $9m.
Intel Capital invested $7m in iStreamPlanet in May last year as part of a series A round which iStreamPlanet still expects to reach $11m. The funding followed the 2010 Vancouver Winter Olympic Games, where Intel collaborated with iStreamPlanet,…
