MotionBox raises $7M for private video-sharing tools

December 4, 2007 | Matt Marshall | Comments | |

motionbox.jpgMotionbox, a video-sharing site focused on trusted family use, said it has raised $7 million in a second round of financing.

Motionbox is one of several companies that is turning away from the YouTube model and the public expression that comes with it. It lets you shoot video, upload it to its Web site and then edit it — and the share it privately with family and personal friends. OneTrueMedia is a similar company, by Kleiner Perkins (see our coverage).

The Motionbox round was led by new investor Constellation Ventures, a unit of Bear Stearns Asset Management, and previous investors Canaan Partners and SAS joined in. The company said the round was raised at a higher value than its initial round.

Motionbox launched a free service last year, which lets you upload 100 megabytes per video, and store 300 megabytes. On November 13, Motionbox launched “Motionbox Premium,” the subscription service of $29.99 that includes unlimited storage and “TV-quality” downloads for watching on various devices. It also launched Motionbooks, video flipbooks you can make with your personal videos.The service will eventually cost $34.99 a year

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.

  • Premium Version sounds like a great way to share full length movies. :)~
  • Another great custom flipbook company is Flippies Custom flip books. Flippies specializes in larger orders of high quality flip books custom-made for marketers to be used as promotional marketing materials.
  • A multi million dollar company and the best they can come up with is flipbook. What, is an Appalachian cousin in charge of the company.
    You have photobucket who just joined up with Adobe to provide perhaps the best online video editor in the market place. Eyespot is in beta with a branding project which allows user's to incorporate Eyespot within their site Jumpcutz is going Hollywood and the best Motionbox can do is flipbooks.
    How about:
    1) More editing capabilities with text and audio.
    2) A pay for download deal with Paypal for Premium user to set up an commerce store front.
    3) Allow branding and advertising options to user accounts.
    4) Search specific capabilities for hosted material in a users account.

    I fear Motionbox is a good product for storing video, but offers little in innovative services and investors will never see a return on their money.
  • i used vdownloader or real media player plugin to download video. ;p
  • Sound like a great product where are they today with this product?
  • I use several products and wish that one would provide all the bells and whistles needed for my work instead of using several products
  • We just launched the new video site for New Yorkers about New Yorkers. http://www.bigapplechannel.tv We have feature videos on new york resturaunts and most New York attractions. If you have a Video of New York or of a attraction. Please submit it and it will be instantly added to our site.
  • That's a great idea for family stocking stuffer!! Simple way for grandparents to see their grandchild's first steps as often as they choose. Any time here a company called TruAction Flix (www.truactionflix.com) will be releasing a never seen before patented four sided flipbook. It has the shape, look and feel of a video game controller which will appeal to kids. It's pretty neat, check it out!