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MetaTV rounds up $28 million

Interactive television newbie MetaTV announced Monday it has received $28 million in its second round of funding. Cable giants Comcast and Cox Communications led the round. Sausalito, Calif.-based MetaTV's software allows cable and satellite companies to offer interactive TV and e-commerce. In addition, MetaTV said that Samuel Schwartz, managing director of Comcast Interactive Capital, and Dallas Clement, Cox's senior vice president of strategy and development, have been appointed to its board of directors.

Interactive television newbie MetaTV announced Monday it has received $28 million in its second round of funding. Cable giants Comcast and Cox Communications led the round. Sausalito, Calif.-based MetaTV's software allows cable and satellite companies to offer interactive TV and e-commerce.

In addition, MetaTV said that Samuel Schwartz, managing director of Comcast Interactive Capital, and Dallas Clement, Cox's senior vice president of strategy and development, have been appointed to its board of directors.