Aereo Raises 38 Million For Over-The-Air TV

There are not too many companies more disruptive than Barry Diller’s Aereo TV that grabs over-the-air television and sends them to user’s mobile devices and PCs over the internet. It’s a cord-cutters dream and a cable companies worst nightmare. Not surprisingly, the New York based company has had to spend a lot in court fees but a $38 million B round signals renewed strength from the web TV service with plans to expand in 22 more cities.