Qvivo?has raised $1 million from SingTel Group's corporate venture capital fund for a media-only cloud that people can use to store and watch movies and television shows, as well as and listen to music available in its library. The Singapore-based company will use the funding to build out its service and white label program for telecommunications providers, media companies, and others. The company, founded by two former Electronic Arts executives, offers unlimited cloud storage that can be synced across multiple desktop and mobile devices. The service is available as a desktop app for free. Users drag and drop media files and links directly onto the browser to then stream to any device with the Qvivo app installed. To stream on the web, the subscription cost is $1.99 per month. It is $2.99 per month for streaming offline and syncing to mobile devices.Source: http://feedproxy.google.com/~r/Techcrunch/~3/4gBZQklyDls/
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