BitGravity, a start-up content delivery network (CDN) which has staked a claim to providing live video streaming services and counts Revision3 as one of its customers, has raised $2.5 million, its first funding round from Allen and Company and Blake Krikorian, founder of Sling Media.

Clair Cain Miller at Bits has the details and an interview with Perry Wu, CEO and founder.  Here’s the take by Liz Gannes over at NewTeeVee.

I met up with founder Perry Wu on Los Angeles in May and have republished our interview.

— Andy Plesser