Philo (Internet television)

Philo
Founded 2009 (2009)
Headquarters San Francisco, CA, USA
Founder(s)
  • Nick Krasney
  • Tuan Ho
Key people Andrew McCollum (CEO)
Christopher Thorpe (Former CEO)
Industry Internet television
Services live TV through the web
Employees 25
Slogan(s) Turn on the future of TV
Website https://www.philo.com

Philo (formerly Tivli) is an internet television company currently based in San Francisco, California that allows subscribers to watch and record TV on Internet-connected devices. The service first launched at Harvard in 2009, and has since spread to 40+ Universities.[1] Investors in the company include HBO, Facebook co-founder, Andrew McCollum, and Mark Cuban, among others.

History

Philo was founded in 2009 by Harvard graduates Nick Krasney and Tuan Ho. The venture originally launched as Tivli, but was then rebranded as Philo after a Series A investment in 2013. [2][3]

Because at the time, Harvard did not provide cable TV service to its students, founders Nick and Tuan chose to figure out away to get the service on their own. Soon, half the Harvard student population was using their service.[4]

In 2009 Philo, as Tivli, first incubated in Cambridge, Massachusetts at the Harvard Innovation Lab (iLab) before moving to Harvard Square in 2013. After securing their Series B round, Philo moved again in 2015 to San Francisco, California.[5]

In July, 2013, the venture raised a $6.3 million round led by venture capital firm New Enterprise Associates. Among the Series A investors, were Mark Cuban from Radical Investments LP, HBO, Rho Ventures and Hugo Van Vuuren from Experiment Fund.

In June 2015, Philo raised $10 million in a Series B round led by National Education Association, with joint investment from HBO, Rho Ventures, Xfund, CBC New Media Group, and both CEO and angel investor, Andrew McCollum.[6]

Recognition

Was named #47 in Fast Company’s 2014 “World’s 50 Most Innovative Companies.”[7]

References

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