Sezmi Corp., announced that it received $25 million in new funding from existing investors, including Morgenthaler Ventures, Omni Capital, TD Fund, Index Ventures, and Legend Ventures, and a new strategic investor.
Sezmi is headquartered in the Belmont, California, in the Silicon Valley, with offices in Los Angeles and Ft. Lauderdale.
Commenting on the investment, Buno Pati, chief executive officer of Sezmi, said, "This new funding places Sezmi in a strong financial position as we offer our service to the public and prepare for the next stage of expansion"
Sezmi stated that it has strong financial backing as it launches public pilot of the first all-in-one TV service and prepares for nationwide launch in 2010.
Phil Wiser, co-founder and president of Sezmi, said, "We are in the midst of one of the most exciting times in television history. With a deep understanding of the changing needs of television viewers, Sezmi created a completely new end-to-end offering to meet those evolving needs. We are thrilled to be in a position to deliver our service to the mass market."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.