Widevine has announced that Liberty Global, Samsung Ventures, and a third corporation have become strategic shareholders in the company. Widevine provides a software platform that optimizes the entertainment experience for content delivered over any network to any device. In addition, the platform includes the necessary digital rights management technology for content rights.
The Widevine platform is utilized by Internet movie services and is natively supported in nearly all major brands and types of network connected consumer electronics including TVs, Blu-ray players, mobile devices and gaming systems.
"Widevine will use the additional capital to support and grow our customer base, broaden our product portfolio and defend our intellectual property," said Widevine CEO Brian Baker, in a statement.