POST Online Media Lite Edition


Sky invests $2 million in consumer electronics start-up Caavo

Staff Writer |
Sky has invested $2m in U.S.-based consumer electronics start-up Caavo. The broadcaster said this was the latest in a series of investments in innovative, early-stage companies.

Article continues below

Caavo was founded in 2015 by Andrew Einaudi, Ashish Aggarwal, Vinod Gopinath and Blake Krikorian with a vision to "dramatically improve the in-home entertainment experience for consumers", by offering easy-to-use and beautifully designed products.

Last month, Sky announced investments in next generation video platform Molotov, The Drone Racing League and Ginx TV, the owner of the UK & Ireland's only 24-hour eSports TV channel.

What to read next

Ford adds jobs, invests $150 million in Buffalo Stamping plant
Aelius buys Galenika for 16 million euros plus 25 million euros of debt
Pennsylvania American Water unveils interactive map to spotlight pipeline projects