MeeVee wants to be your TV Guide: Raises $8 million more
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MeeVee, a Silicon Valley company (Burlingame) that lets you search for TV programs and other video programming online, and then lets you organize it in a personal planner, has raised $8 million in a third round of funding.
The company has now raised a total of at least $20 million within two years, which is a very large amount of cash. This suggests it may be filling its coffers to make some acquisitions, to become your main online TV guide.
The Bay Area Equity Fund, which is affiliated with J.P. Morgan, led the round.
Word of a funding was first mentioned on Techcrunch, and was confirmed by VentureWire (sub required). Previous investors Labrador Ventures, Rothschild Ventures and WaldenVC also participated, according to the report. In January, we reported MeeVee raised a $6.5 million in a secnd round. It had raised $5.5M in 2004
A settings page lets you tell MeeVee which cable and other video services you get, so MeeVee wants to help you sort the various viewing options you have; and of course, you can share it all with friends.
It is difficult to know how much traction the company has gained. MeeVee has syndicated and licensed its television search and personalization service to newspaper portals and cable operators. One newly announced customer is Hearst Newspapers, where MeeVee is on the sites of Hearst-owned Houston Chronicle and the San Francisco Chronicle. The company is also trying to make money through advertising revenue.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
