Microsoft funds ESPN's video tech provider
Microsoft joined backend video services provider Move Network's third funding round with an undisclosed investment today. Prior investors, including Benchmark Capital, Cisco and Disney, have already invested $67.3 million in the company. Novell cofounder Drew Major launched Move as a service to help users transfer large email files. The company switched its focus to video in 2004. In a 2007 article, Forbes writer Quentin Hardy handily explained how Move Networks' technology is different than YouTube:
Unlike YouTube-style Flash video, which fetches streamed bits in a series of requests from a set of servers at the sender's end, Move gets bits from the closest storage cache (similar to technology from Web video giant Akamai) and brings them back to the screen at the best streaming rate based on the network's traffic load.