Aereo, the startup service that is putting the TV industry’s nose out of joint with its $8/month streaming package, announced on Tuesday that it has received a major new funding round to pursue further expansion.

In a press release, Aereo stated that it intends to use the new $34 million investment to pursue “rapid nationwide expansion and increased investments in hiring and technology.” The money comes by way of Barry Diller’s IAC, Gordon Crawford and Himalaya Capital Management; the Series C round adds to the more than $58 million the Brooklyn-based startup has already received.

The company also pledged that it would expand from 10 to 15 markets by the end of the quarter. It already expanded significantly in 2013, but fell short of the 22 cities it said it would reach by the end of the year.

The company is currently locked in a high stakes legal battle with all…