TVSquad

If I told you there's a set top box that lets you watch television, video on demand, and web video content, you'd probably just shrug and wonder why we're talking about Comcast's Motorola box with TiVo software yet again. But no, this is a new box from a new company called Building B.

The company has raised $17.5 million to develop its new set top box. The idea is that consumers shouldn't need 12 different devices in their living room to access all the media that's available to them. And they shouldnt' need a full fledged computer either.

There aren't a lot of details yest on exactly how the Building B platform will work. It's possible that the box could be sold as a standalone product to supplement your cable or satellite TV service. But it seems more likely that Building B will try to sell their boxes to television service providers as a way to provide VOD/online video.

While some content will be delivered through a traditional broadband connection, it looks like Building B also plans to use a wireless, over the air delivery method for other content.