When Akimbo originally launched, it was designed as a set-top-box solution.
The hardware-turned-software-content provider has closed its doors and VOD service.
It looks like another set-top maker is going to that great junk heap in the sky. Tech Crunch is reporting that Akimbo has ceased operations.
Akimbo started out as a web-connected set-top box that would stream content for 10 bucks a month. When people weren’t buying the box, they went to a strictly software model, which allowed users to stream the service with Windows Media Center. Its last incarnation was as a whitelabel video service provider.
Friday, the company let its staff go, except for a few stragglers. Less than a handful of employees were spared, to finish closing up shop and possibly sell off the company’s remaining assets. In other words, don’t start sending your resume for any of the open positions.
Akimbo had secured another $4 million in funding just a few months back. It must have been quite a going-away party.
Did anyone actually have the set-top box or ever try Akimbo’s service? Let us know about your experience in the comments below.