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Binder produced a computer program which allowed users to book tee times at golf courses; [[Jack Nicklaus]] became a partner.<ref name=Multichannel /><ref name="Digital Hollywood">{{cite web|title=The Internet - Media - Hollywood Connection - Ubiquitous Broadband - Ubiquitous Content|url=http://www.dhsessions.com/Tuesday15Sp10.html|website=Digital Hollywood|publisher=Digital Hollywood|accessdate=5 June 2015}}</ref>
Binder produced a computer program which allowed users to book tee times at golf courses; [[Jack Nicklaus]] became a partner.<ref name=Multichannel /><ref name="Digital Hollywood">{{cite web|title=The Internet - Media - Hollywood Connection - Ubiquitous Broadband - Ubiquitous Content|url=http://www.dhsessions.com/Tuesday15Sp10.html|website=Digital Hollywood|publisher=Digital Hollywood|accessdate=5 June 2015}}</ref>


Binder and Robert Scheffler founded [[Broadbus]] Technologies in 1999. Based in Boston, Broadbus built the first high-density, highly scalable DRAM-based server for video-on-demand (VOD), subscription video-on-demand (SVOD), and television-on-demand (TOD™) services. Broadbus quickly became the dominant player in the cable industriy’s launch of VOD andtime-shiftedd TV, with Liberty Global using its technology exclusively in Europe, and Comcast, Time Warner Cable, Charter, Adelphia and Rogers deploying the technology throughout the US and Canada. The company was sold to Motorola in 2006 for a reported $186 million. Following the acquisition, Binder served as a senior executive in the office of the CEO and general manager of theon-demandd solutions group within Motorola's $10B plus Connected Home Division.<ref name="Boston Globe">{{cite news|last1=Weisman|first1=Robert|title=Motorola to acquire Broadbus Technologies Boxborough firm's video-on-demand technology sought|url=http://www.boston.com/business/globe/articles/2006/07/26/motorola_to_acquire_broadbus_technologies/|accessdate=5 June 2015|publisher=Boston Globe|date=July 26, 2006}}</ref><ref>{{cite web|title=Motorola to Acquire Broadbus Technologies, Extend Portfolio of ‘Seamless Video Anywhere’ Solutions|url=http://www.star-ventures.com/news/2006/20060625.html|website=Star Ventures|publisher=Star Ventures (via Motorola)|accessdate=5 June 2015}}</ref><ref name="wired" />
In 1999, Binder and Robert Scheffler started [[Broadbus]] Technologies, which like Magic Music before it used digital storage, but for [[video-on-demand]]. The company was sold to Motorola in 2006 for an estimated $186 million.<ref name="Boston Globe">{{cite news|last1=Weisman|first1=Robert|title=Motorola to acquire Broadbus Technologies Boxborough firm's video-on-demand technology sought|url=http://www.boston.com/business/globe/articles/2006/07/26/motorola_to_acquire_broadbus_technologies/|accessdate=5 June 2015|publisher=Boston Globe|date=July 26, 2006}}</ref><ref>{{cite web|title=Motorola to Acquire Broadbus Technologies, Extend Portfolio of ‘Seamless Video Anywhere’ Solutions|url=http://www.star-ventures.com/news/2006/20060625.html|website=Star Ventures|publisher=Star Ventures (via Motorola)|accessdate=5 June 2015}}</ref><ref name="wired" />


In 2008, Binder, former Broadbus partner Vin Bisceglia and advisory board chair David Fellows, previously the chief technology officer at Comcast, teamed to form Genovation Capital. A boutique private equity and venture VC fund which combined entrepreneurial and corporate-level operational experience, Genovation focused on media, communications, and the internet. It was partnered with both TPG and Silver Lake’s Sumeru fund.<ref>{{cite news|last1=Viscarolasaga|first1=Efrain|title=New tech-focused investment funds dismiss down economy|url=http://www.bizjournals.com/boston/blog/mass-high-tech/2008/11/new-tech-focused-investment-funds-dismiss.html|accessdate=5 June 2015|publisher=Boston Business Journal|date=November 25, 2008}}</ref><ref name=gigabit>{{cite news|last1=Baumgartner|first1=Jeff|title=Cable Vets Launch VC Firm|url=http://www.lightreading.com/broadband/fttx/cable-vets-launch-vc-firm/d/d-id/664151|accessdate=6 June 2015|publisher=Gigabit|date=December 22, 2008}}</ref>
In 2008, three former Broadbus executives – CEO Vin Bisceglia, advisory board chair David Fellows, and Binder started a venture capital fund, Genovation Capital.<ref>{{cite news|last1=Viscarolasaga|first1=Efrain|title=New tech-focused investment funds dismiss down economy|url=http://www.bizjournals.com/boston/blog/mass-high-tech/2008/11/new-tech-focused-investment-funds-dismiss.html|accessdate=5 June 2015|publisher=Boston Business Journal|date=November 25, 2008}}</ref><ref name=gigabit>{{cite news|last1=Baumgartner|first1=Jeff|title=Cable Vets Launch VC Firm|url=http://www.lightreading.com/broadband/fttx/cable-vets-launch-vc-firm/d/d-id/664151|accessdate=6 June 2015|publisher=Gigabit|date=December 22, 2008}}</ref>
Binder and Fellows co-founded Layer3 TV in Boston in 2013; in 2014 the company was moved to Denver. Operating in stealth mode, Layer3 TV raised more than $21 million in [[Series A round|Series A funding]] in March 2014,<ref>{{cite news|last1=Wilhelm|first1=Alex|title=Layer3 TV Announces A $21M Series A Round Of Funding For "Next Generation Cable"|url=http://techcrunch.com/2014/03/13/layer3-tv-announces-a-21m-series-a-round-of-funding-for-next-generation-cable/|accessdate=6 June 2015|publisher=TechCrunch|date=March 13, 2014}}</ref> and more than $60 million in a [[Series B]] round in June 2015, reportedly raising as much a $100 million to date .<ref name="Hollywood Reporter">{{cite news|last1=Jarvey|first1=Natalie|title=Cable Startup Layer3 TV Raises $51 Million (Exclusive)|url=http://www.hollywoodreporter.com/news/cable-startup-layer3-tv-raises-800013|accessdate=6 June 2015|publisher=The Hollywood Reporter|date=June 3, 2015}}</ref> Binder and Layer3 Denver Gazelles Award<ref>{{Cite web|url=http://blogs.denverpost.com/tech/2015/09/28/city-of-denver-adds-four-more-tech-companies-to-gazelles-list/19076/|title=City of Denver adds four more tech companies to 'gazelles' list {{!}} Tech+ — The Denver Post|website=Tech+|access-date=2016-11-01}}</ref> In 2015, Layer3 was 19th on Forbes list of 50 hottest startups and tied with Comcast for runner up as best telecommunications service to work for by Colorado Biz magazine.<ref>{{Cite news|url=http://www.forbes.com/sites/briansolomon/2015/12/17/the-hottest-startups-of-2015/#250d2c077d8c|title=The Hottest Startups Of 2015|last=Solomon|first=Brian|newspaper=Forbes|access-date=2016-11-01}}</ref><ref>{{Cite web|url=http://www.cobizmag.com/Articles/Best-of-Colorado-2015/|title=Best of Colorado 2015|website=www.cobizmag.com|access-date=2016-11-01}}</ref>
Binder and Fellows co-founded Layer3 TV in Boston in 2013; in 2014 the company was moved to Denver. Operating in stealth mode, Layer3 TV raised more than $21 million in [[Series A round|Series A funding]] in March 2014,<ref>{{cite news|last1=Wilhelm|first1=Alex|title=Layer3 TV Announces A $21M Series A Round Of Funding For "Next Generation Cable"|url=http://techcrunch.com/2014/03/13/layer3-tv-announces-a-21m-series-a-round-of-funding-for-next-generation-cable/|accessdate=6 June 2015|publisher=TechCrunch|date=March 13, 2014}}</ref> and more than $60 million in a [[Series B]] round in June 2015, reportedly raising as much a $100 million to date .<ref name="Hollywood Reporter">{{cite news|last1=Jarvey|first1=Natalie|title=Cable Startup Layer3 TV Raises $51 Million (Exclusive)|url=http://www.hollywoodreporter.com/news/cable-startup-layer3-tv-raises-800013|accessdate=6 June 2015|publisher=The Hollywood Reporter|date=June 3, 2015}}</ref> Binder and Layer3 Denver Gazelles Award<ref>{{Cite web|url=http://blogs.denverpost.com/tech/2015/09/28/city-of-denver-adds-four-more-tech-companies-to-gazelles-list/19076/|title=City of Denver adds four more tech companies to 'gazelles' list {{!}} Tech+ — The Denver Post|website=Tech+|access-date=2016-11-01}}</ref> In 2015, Layer3 was 19th on Forbes list of 50 hottest startups and tied with Comcast for runner up as best telecommunications service to work for by Colorado Biz magazine.<ref>{{Cite news|url=http://www.forbes.com/sites/briansolomon/2015/12/17/the-hottest-startups-of-2015/#250d2c077d8c|title=The Hottest Startups Of 2015|last=Solomon|first=Brian|newspaper=Forbes|access-date=2016-11-01}}</ref><ref>{{Cite web|url=http://www.cobizmag.com/Articles/Best-of-Colorado-2015/|title=Best of Colorado 2015|website=www.cobizmag.com|access-date=2016-11-01}}</ref>

Revision as of 09:19, 17 June 2017

Jeff Binder
Born
Jeffery T. Binder

Chicago, Illinois
NationalityAmerican
Alma materHarvard University
Occupation(s)CEO, Layer3 TV Inc.
Years active1987 - present
Board member ofLayer3 TV, Inc.
This Technology, Inc.
InStock Fasteners, Inc.
AwardsBoston Business Journal
40 Under 40
Cablefax Top 100 Cable Heavy Hitters
Multichannel News Next Generation Leader
Websitewww.layer3tv.com

Jeff Binder is an American businessman. He is chairman and CEO of Layer3 TV. He previously headed Broadbus and This Technology, which were sold respectively to Motorola and Comcast.[1][2][3]

Early life

Binder began playing table tennis at 10, and was later ranked in the national Top 5 during his teen years.[4][5][3]

Career

In the 1990s, Binder's father had a company, Magic Music, which used digital storage in the mass-production of cassette tapes.[5][6]

Binder produced a computer program which allowed users to book tee times at golf courses; Jack Nicklaus became a partner.[5][7]

In 1999, Binder and Robert Scheffler started Broadbus Technologies, which – like Magic Music before it – used digital storage, but for video-on-demand. The company was sold to Motorola in 2006 for an estimated $186 million.[8][9][3]

In 2008, three former Broadbus executives – CEO Vin Bisceglia, advisory board chair David Fellows, and Binder – started a venture capital fund, Genovation Capital.[10][11]

Binder and Fellows co-founded Layer3 TV in Boston in 2013; in 2014 the company was moved to Denver. Operating in stealth mode, Layer3 TV raised more than $21 million in Series A funding in March 2014,[12] and more than $60 million in a Series B round in June 2015, reportedly raising as much a $100 million to date .[13] Binder and Layer3 Denver Gazelles Award[14] In 2015, Layer3 was 19th on Forbes list of 50 hottest startups and tied with Comcast for runner up as best telecommunications service to work for by Colorado Biz magazine.[15][16]

Binder was chairman of the board of directors for This Technology, Inc., which was acquired by Comcast in August 2015. Binder serves on the board of directors for InStock Fasteners and was previously a member of the board of directors for the Greater Chicago Bank. Binder was named to Boston Business Journal's 40 under 40 in 2004, and to Multichannel News' Next Generation Leaders in 2005 and has been listed on the CableFax Top 100 Heavy Hitters.[17][17]

References

  1. ^ Spangler, Todd (March 14, 2014). "Not a Virtual MSO? 'Next-Gen Cable' Service Layer3 TV Launches with $21 Million in Funding". Variety. Retrieved 5 June 2015.
  2. ^ Vuong, Andy (May 14, 2014). "What Layer3 TV hopes to offer and why it's relocating HQ to Denver". Denver Post. Retrieved 5 June 2015.
  3. ^ a b c Hempel, Jessi (April 10, 2016). "LAYER3 TV'S CRAZY PLAN TO TAKE ON COMCAST AND REINVENT CABLE". Wired. Retrieved 30 October 2016.
  4. ^ "Portrait of a ping-pong wiz: Jeff Binder". Highland Park Newspaper. November 3, 1997. p. 39. {{cite news}}: |access-date= requires |url= (help)
  5. ^ a b c Ellis, Leslie (July 8, 2005). "At the Front of the Broadbus: Jeff Binder". Multichannel News. Retrieved 5 June 2015.
  6. ^ "Patents by Assignee Magic Music Cassette Company". Justia. Justia. Retrieved 5 June 2015.
  7. ^ "The Internet - Media - Hollywood Connection - Ubiquitous Broadband - Ubiquitous Content". Digital Hollywood. Digital Hollywood. Retrieved 5 June 2015.
  8. ^ Weisman, Robert (July 26, 2006). "Motorola to acquire Broadbus Technologies Boxborough firm's video-on-demand technology sought". Boston Globe. Retrieved 5 June 2015.
  9. ^ "Motorola to Acquire Broadbus Technologies, Extend Portfolio of 'Seamless Video Anywhere' Solutions". Star Ventures. Star Ventures (via Motorola). Retrieved 5 June 2015.
  10. ^ Viscarolasaga, Efrain (November 25, 2008). "New tech-focused investment funds dismiss down economy". Boston Business Journal. Retrieved 5 June 2015.
  11. ^ Baumgartner, Jeff (December 22, 2008). "Cable Vets Launch VC Firm". Gigabit. Retrieved 6 June 2015.
  12. ^ Wilhelm, Alex (March 13, 2014). "Layer3 TV Announces A $21M Series A Round Of Funding For "Next Generation Cable"". TechCrunch. Retrieved 6 June 2015.
  13. ^ Jarvey, Natalie (June 3, 2015). "Cable Startup Layer3 TV Raises $51 Million (Exclusive)". The Hollywood Reporter. Retrieved 6 June 2015.
  14. ^ "City of Denver adds four more tech companies to 'gazelles' list | Tech+ — The Denver Post". Tech+. Retrieved 2016-11-01.
  15. ^ Solomon, Brian. "The Hottest Startups Of 2015". Forbes. Retrieved 2016-11-01.
  16. ^ "Best of Colorado 2015". www.cobizmag.com. Retrieved 2016-11-01.
  17. ^ a b Spangler, Todd (May 14, 2012). "Broadbus Founder Takes Stake In VOD Ad Firm This Technology". Multichannel News. Retrieved 6 June 2015.