Aereo grabs over-the-air TV signals and routes them to users over the Internet, so they can watch broadcast TV whenever and wherever they want, via devices like PCs, iPads and Roku boxes. Right now you can only watch Aereo if you live in New York City.
Aereo doesn’t pay for access to the broadcasters’ programming, but it is spending plenty of money on a court fight over that issue. It will also have to spend a chunk of change for each new city it opens in, both for marketing and to build out an array of tiny antennas it uses to pull down the TV signals.
Aereo’s expansion will be funded by a $38 million B round that the company is also announcing. The company has raised $63 million to date.
Aereo’s expansion list includes Chicago and 21 other cities. Assuming, of course, that the courts don’t shut the company down before they get a chance to get going: Boston, Miami, Austin, Atlanta, Chicago, Dallas, Houston, Washington, D.C., Baltimore, Detroit, Denver, Minneapolis, Philadelphia, Pittsburgh, Tampa, Cleveland, Kansas City, Raleigh-Durham, Salt Lake City, Birmingham, Providence, and Madison, Wis.