Jeff Binder

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This is an old revision of this page, as edited by TMTAnalyst (talk | contribs) at 01:17, 18 June 2017 (corrected inaccuracies in prior edit. binder was founding CEO of Broadbus, and not an exec, but rather a COB of This Tech. additional reference for support). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Jeff Binder
NationalityAmerican
Occupation(s)CEO, Layer3 TV
Years active1987 - present
Board member ofLayer3 TV
This Technology

Jeff Binder is an American entrepreneur that has built several startups in the technology, media, and telecommunications sector. He is currently the co-founder, Chairman and CEO of Layer3 TV, and previously the founding CEO of Broadbus Technologies and early investor and Chairman of This Technology which were sold respectively to Motorola and Comcast. [1][2][3][4]

Early life

Binder began playing table tennis at 10, and was ranked in the national Top 5 during his teen years.[5][6][3]

Career

In the 1990s, Binder's father had a company, Magic Music, which used digital storage in the mass-production of cassette tapes.[6][7]

Binder was CEO of Leading Golf Courses of America, a nationwide golf membership program that included some of the top golf courses in America; Jack Nicklaus became a partner.[6][8][9]

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.[10][11][3]

In 2008, Binder joined Dave Fellows, former CTO of Comcast and AT&T Broadband, and Broadbus executive Vin Bisceglia to launch Genovation Capital, an early stage venture firm focused on the media space.[12][13][14][15]

Binder invested in This Technology a video-on-demand advertising company, and joined as its Chairman, in 2012. In 2015, the company was sold to Comcast Corp., after raising more than $7 Million from General Catalyst and other investors, because it had become an integral part of their platform according to the CTO of Comcast. [16][17]

Binder and Fellows founded Layer3 TV in Boston in 2013; in 2014 the company opened a new HQ in Denver. The company under Binder's leadership has raised more than $80 Million and was named a Forbes Hottest Startup in 2015 with a valuation of $385 Million. [18][19]

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. ^ https://www.cedmagazine.com/news/2012/05/technology-adds-former-broadbus-ceo-its-board
  5. ^ "Portrait of a ping-pong wiz: Jeff Binder". Highland Park Newspaper. November 3, 1997. p. 39. {{cite news}}: |access-date= requires |url= (help)
  6. ^ a b c Ellis, Leslie (July 8, 2005). "At the Front of the Broadbus: Jeff Binder". Multichannel News. Retrieved 5 June 2015.
  7. ^ "Patents by Assignee Magic Music Cassette Company". Justia. Justia. Retrieved 5 June 2015.
  8. ^ "The Internet - Media - Hollywood Connection - Ubiquitous Broadband - Ubiquitous Content". Digital Hollywood. Digital Hollywood. Retrieved 5 June 2015.
  9. ^ http://www.qvc.com/Leading-Golf-Courses-of-America-Membership-Kit.product.F1369.html
  10. ^ Weisman, Robert (July 26, 2006). "Motorola to acquire Broadbus Technologies Boxborough firm's video-on-demand technology sought". Boston Globe. Retrieved 5 June 2015.
  11. ^ "Motorola to Acquire Broadbus Technologies, Extend Portfolio of 'Seamless Video Anywhere' Solutions". Star Ventures. Star Ventures (via Motorola). Retrieved 5 June 2015.
  12. ^ Viscarolasaga, Efrain (November 25, 2008). "New tech-focused investment funds dismiss down economy". Boston Business Journal. Retrieved 5 June 2015.
  13. ^ Baumgartner, Jeff (December 22, 2008). "Cable Vets Launch VC Firm". Gigabit. Retrieved 6 June 2015.
  14. ^ https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=51977163
  15. ^ http://variety.com/2015/digital/news/layer3-tv-funding-virtual-cable-1201512354/
  16. ^ Spangler, Todd (May 14, 2012). "Broadbus Founder Takes Stake In VOD Ad Firm This Technology". Multichannel News. Retrieved 6 June 2015.
  17. ^ http://www.bizjournals.com/denver/blog/boosters_bits/2015/08/comcast-buys-denver-technology-company.html
  18. ^ Jarvey, Natalie (June 3, 2015). "Cable Startup Layer3 TV Raises $51 Million (Exclusive)". The Hollywood Reporter. Retrieved 6 June 2015.
  19. ^ https://www.forbes.com/pictures/eimh45ehmdj/19-layer3-tv/#632d387d5664
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