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September 29, 2004

Strategic Partnership with Microsoft Garners Interest from VCs

Former Amazon.com executive builds new technology offering and, with the help of a partnership with Microsoft’s eHome Division, is attracting attention from the VC community.

The Seattle Post-Intelligencer reports that Scott Lipsky, a former executive of Amazon.com, has started a new venture in Seattle that delivers high-quality images of artwork to flat screen televisions. The company, Beon Media, originally targeted business users who pay $195 to access four galleries of images, presumably to display in rotation on flat screen monitors in their lobby or throughout their offices.

Looking to penetrate the home market, Lipsky contacted Microsoft’s eHome Division and the service will now be an offering of Windows Media Center, at a much lower price. The company has now seen a lot of interest from VCs and is planning to start its first institutional financing efforts this fall.

Posted by Kenny Hoeschen at 07:24 AM in Venture Capital | Permalink

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