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QVIVO Raises $1M From SingTel For Media Cloud To Store And Watch Movies

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http://techcrunch.com – QVIVO has raised $1 million in Series A funding from SingTel Group’s corporate venture capital fund and other investors for a media-only cloud that people can use to store and watch movies and television shows, as well as and listen to music available in its library. The Hong Kong-based company will use the funding to build out its service and white label program for telecommunications providers, media companies, and others. The company, founded by two former Electronic Arts executives, offers unlimited cloud storage that can be synced across multiple desktop and mobile devices. The ser (IT news)