Skinkers Raises $16 Million Series B

Skinkers, the UK company that is building a P2P live TV platform with Microsoft, has taken $16 million Series B in a round led by Acacia Capital Partners that included original investors Spark Ventures and the Skinkers Management team.

Skinkers will use the funding to further develop and enhance their Live Notification Platform technology and bring to market LiveStation, their live P2P television platform.

Skinners LiveStation product is built on Microsoft’s Silverlight platform and offers a multi-channel live TV platform that will provide existing TV channels both for free and on a paid basis; think cable TV, but on a computer. Competitors include Zattoo, that already offers an existing P2P live platform that provides limited access within Europe. See our previous Zattoo review here.

The P2P live television market competes directly with on-demand providers such as Joost. See our review of Live P2P TV companies here.