BIAP Systems Secures Funding

Aug 2, 2006  •  Post A Comment

Interactive television company BIAP Systems said Wednesday it has completed a $20 million funding round, led by Sevin Rosen Funds.

The infusion is proof that the current flood of venture money isn’t only going to online video start-ups but is also pouring in to companies that power interactivity on traditional TV.

BIAP has deployments with Time Warner. The funding will used to develop and promote new applications, BIAP said.