Briefs

Initial Seed Money Invested in Startup Founded by Hossein Eslambolchi, Former CTO of AT&T

By BusinessWire Mar 13, 2007. MENLO PARK, Calif., BUSINESS WIRE -- Divvio, a Silicon Valley-based startup, today announced the formation of a company that will deliver a better way to consume digital media on the Internet and mobile devices. The Divvio system will create personal channels of the best relevant video and audio on the web, and then automatically feed users fresh content based on their interests -- including sports, news, entertainment, fashion -- or any other preference.

"The Internet offers an astounding diversity of video and audio, but users spend too much time searching for it and are still missing content that's relevant to them," said Hossein Eslambolchi, CEO and founder of Divvio. "Divvio will apply intelligent digital media discovery and personalization to the hot sector of digital media over the web. This will dramatically enhance the digital media consumption experience for consumers and provide content providers and advertisers with new business opportunities."

Divvio has pioneered a unique, patent-pending intelligent Adaptive Learning Intelligent Platform (ALIP). ALIP will enable Divvio to build dynamic content channels of premium, popular, and hard-to-find content, customized for its users, based on preferences and streaming habits. The personalized content will be aggregated into a simple 'TV channel' format for viewing or listening online or on mobile devices. Divvio's technology will not store, cache or replicate copyrighted content.

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