Updated: WSJ has the official story: Media giants Liberty Media and EchoStar are aong those investing a whopping $46.6 million in Sling Media....so are Goldman, Sachs and Allen & Co. VC firms DCM-Doll Capital Management and Mobius Venture Capital, as well as Hearst Corp.—all three were previous investors in Sling Media—also participated in the latest funding round.

Sling Media is a remote-access company which allows people to watch their home-stored digital media remotely...the company has a box which attaches to a TV and a broadband network, and allows you to watch TV and other media anwhere with a network connection: online or on mobile devices.

The company will use the money for product development and international expansion...CEO Blake Krikorian didn’t say whether Sling’s main product—a slim, silver-colored, $250 device called the Slingbox—may be integrated with the product offerings of Liberty and EchoStar.

Red Herring: Krikorian said the company has sold a six-figure number of the devices so far...Earlier this month, the company rolled out a Macintosh version of its product, and announced it could deliver television content to Windows mobile Smartphones and handheld computers .

Related:Sling Media Heavy on Cash