Israeli startup RayV hopes to introduce the next generation of TV-watching, based on patented cloud technology. Their TV player allows high-speed streaming on all IP devices, in addition to split-screen viewing and social chats. The startup has raised approximately $40 million.

Israeli startup RayV today launched their new Optimized Cloud Streaming – an infrastructure for HDTV streaming over the Internet that allows broadcasting content across multiple IP networks. The platform is targeted to companies that deliver video broadcasts, such as cellular companies or content providers. According to Calcalist website, the company already secured investments of $40 million. […]