4Home snags $500K for universal home remotes in software form
Summary
4Home, maker of software dashboards capable of remotely controlling all of the electronics and appliances in your home, has raised $500,000 in convertible notes, according to VentureWire. It also provides a central hub for home media, including all movies, music and even web video — giving users the ability to access any of it from their computers or their televisions via a customizable interface. While 4Home doesn’t market its software directly to homeowners, it does sell it to telecom service providers like AT&T and Comcast, who then deliver it to their customers. In doing so, it hopes to push them away from the usual triple-play offering of phone, internet and TV, toward a holistic multimedia strategy. With its Xbox-based Media Center, Microsoft is hoping to break down the wall between TV and computers as well — as is Apple with its AppleTV.