If the Slingbox wasn't already a hot commodity for last year's Christmas gifts, it’s soon to get better. The company, Sling Media Inc., has just scored $46.6 million in financing from Goldman Sachs, media giant Liberty Media Corp., and satellite TV operator EchoStar Communications Corp.
Sling Media says they will use the money for product development and international expansion. The company's CEO and co-founder, Blake Krikorian, said, "What this means for us is that we can expand sales to other parts of the world. But we also want to expand our product portfolio, and provide a family of different products."
You can get more details at the Red Herring