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                            <title><![CDATA[ Latest from Next TV in Investments-in-startups ]]></title>
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        <description><![CDATA[ All the latest investments-in-startups content from the Next TV team ]]></description>
                                    <lastBuildDate>Tue, 23 Jan 2018 14:27:00 +0000</lastBuildDate>
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                                                            <title><![CDATA[ Comcast Ventures Backs Home Insurance Tech Startup ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/comcast-ventures-backs-home-insurance-tech-startup-417660</link>
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                            <![CDATA[ Comcast Ventures Backs Home Insurance Tech Startup ]]>
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                                                                        <pubDate>Tue, 23 Jan 2018 14:27:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Distribution]]></category>
                                                    <category><![CDATA[Business]]></category>
                                                    <category><![CDATA[Technology]]></category>
                                                                                                                    <dc:creator><![CDATA[ Jeff Baumgartner ]]></dc:creator>                                                                                                        <dc:description><![CDATA[ null ]]></dc:description>
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                                <figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="e4m27iDsy2AdQBGuDqPyuW" name="" alt="" src="https://cdn.mos.cms.futurecdn.net/e4m27iDsy2AdQBGuDqPyuW.jpg" mos="https://cdn.mos.cms.futurecdn.net/e4m27iDsy2AdQBGuDqPyuW.jpg" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div></figure><p>Comcast Ventures and Fifth Wall led a $25 million “B” round in Hippo, a California-based home insurance technology and service startup.</p><p>Founded in 2015, Hippo has raised $36 million so far, <a href="https://www.crunchbase.com/organization/hippo-insurance">according to Crunchbase.</a> Hippo closed a $14 million A round in December 2016 that was led by Horizons Ventures along with help from RPM Ventures, Propel Venture Partners, GGV Capital and Pipeline Capital.</p><p>The company’s aim is to serve a large swath of underinsured homes with an approach that, it claims, is both cheaper and more modern.</p><p>Notably, the company says it uses smart home technology to help detect problems early and, when possible, prevent damage from taking place. For example, the company provides a free water leak sensor with every policy and expects to offer other home-safety products.</p><p>Comcast hasn’t announced how it might work more closely with Hippo down the line, but the company has been boosting its focus on smart home technologies and services in recent years. Its Xfinity Home service has more than 1 million subscribers.</p><p><a href="https://www.nexttv.com/news/ces-2018-comcast-scales-home-automation-services-15m-subs-417421" data-original-url="https://www.multichannel.com/news/ces-2018-comcast-scales-home-automation-services-15m-subs-417421">RELATED: Comcast Scales Home Automation Services to 15M Subs</a></p><p>The startup holds that its policies are underwritten by insurance companies with nearly $200 billion in assets. It also claims that its policies are up to 25% cheaper to purchase, and customers can obtain quotes in as little as 60 seconds.</p><p>Hippo noted that it aims to make its insurance product available to 60% of U.S. homeowners in 2018. Per its web site, the product is currently available in three states: California, Arizona and Texas.</p><p>Hippo said the new funding will support expansion and development initiatives planned for this year, including a new customer service center in Austin, Texas, that will become the “hub for Hippo’s claims advocate concierges, along with its insurance operations teams.”</p><p><a href="https://www.nexttv.com/news/sunrun-ceo-touts-benefits-comcast-deal-414815" data-original-url="https://www.multichannel.com/news/sunrun-ceo-touts-benefits-comcast-deal-414815">RELATED: Sunrun CEO Touts Benefits of Comcast Deal</a></p><p>“Hippo is reimagining homeowners insurance with a customer-centric model, built from the ground up,” Assaf Wand, Hippo’s co-founder and CEO, said in a statement. “The company leverages big data, like municipal building records, and innovative technology, such as satellite imagery and smart home devices, to streamline the quote and onboarding experience - quotes in under 60 seconds and sign-up in under three minutes.”</p><p>“More and more complex financial purchases are being made online, yet the insurance industry has fallen short of providing homeowners with a digitally delivered product that provides the quality of service consumers deserve,” added Sam Landman, managing director of Comcast Ventures. “We invested in Hippo because the team is executing against their vision to build a more modern, consumer-focused product with proprietary internal tools that we believe will create a sustainable operational advantage.”</p>
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                                                            <title><![CDATA[ Verizon VC Banks on P2P ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/blog/verizon-vc-banks-p2p-415178</link>
                                                                            <description>
                            <![CDATA[ Verizon VC Banks on P2P ]]>
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                                                                        <pubDate>Tue, 12 Sep 2017 16:00:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Teltoo]]></category>
                                                    <category><![CDATA[investments in startups]]></category>
                                                    <category><![CDATA[P2P]]></category>
                                                    <category><![CDATA[UpRamp]]></category>
                                                    <category><![CDATA[Verizon Ventures]]></category>
                                                    <category><![CDATA[Streamroot]]></category>
                                                                                                                    <dc:creator><![CDATA[ Jeff Baumgartner ]]></dc:creator>                                                                                                        <dc:description><![CDATA[ null ]]></dc:description>
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                                <p>Verizon Ventures is among a group that recently plowed $3.2 million into Streamroot, a startup that’s focused on a P2P-style “distributed” OTT video delivery platform that offers an alternative to more traditional server-based content delivery networks.</p><p>The Verizon VC was joined in the round by Partech Ventures, Techstars Venture Capital Fund, and R/GA.</p><p>Founded in 2013, France-based Streamroot has raised $6 million so far and counts Dailymotion, Canal+, Eurosport (part of the Discovery Communications group), and Russia Today as announced customers. The company estimates that it’s powering more than 400 million video session per month, and that 50% to 80% of its customers’ traffic is being delivered through its distributed architecture.</p><p>Streamroot sells a WebRTC-based P2P delivery system, holding that the efficiency of its approach can help online video achieve massive scale. Per its site, it offers flat-fee pricing that’s “akin to traditional satellite or television broadcasting.”</p><p>Others in the service provider sector are keeping a close eye on friendly forms of P2P.</p><p>Of recent note, UpRamp, the CableLabs-backed accelerator program, recently added Teltoo, a P2P tech startup, to a group that will be part of its “Fiterator” program.</p><p><a href="https://www.nexttv.com/news/four-startups-picked-cablelabs-backed-upramp-program-414457" data-original-url="https://www.multichannel.com/news/four-startups-picked-cablelabs-backed-upramp-program-414457">RELATED: Four Startups Picked for CableLabs-Backed UpRamp Program</a></p><p>Teltoo, based in Madrid, Spain, is also looking to bring managed P2P into the streaming conversation with a scalable, ISP-friendly approach for delivering OTT at scale. Teltoo implements a small piece of JavaScript on its partner’s streaming video player for everything from laptops, to mobile devices and even set-top boxes. In tandem, those players are connected using WebRTC. Behind that is a server that represents the “brain” of the solution and manages the connections while a live stream is being delivered.</p><p>“This is a technology for cable operators and traditional broadcasters to help them to distribute streams over the internet,” and do so without buffering or other types of technical interruptions, company co-founder and CEO Pablo Hesse explained in this <a href="https://www.nexttv.com/news/startup-pitches-cable-friendly-p2p-play-414707" data-original-url="https://www.multichannel.com/news/startup-pitches-cable-friendly-p2p-play-414707">recent interview (subscription required).</a></p><p>Liberty Global and RTVE, Spain’s state broadcaster, are among Teltoo's known customers. </p>
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