Elevator pitch site Vator.tv raises round

Enterpreneur pitch site Vator.tv has raised another $1 million in funding, Beet.tv is reporting. Entrepreneurs upload videos of themselves to be seen by investors and entrepreneurs, or do interviews with the staff of Vator.tv.

Here’s Beet’s interview with John Shinal, a former reporter who’s managing editor of Vator.

The San Francisco company makes money from advertising, where it says its audience brings in high CPMs (ad impressions), and from sponsorships. The company previously raised $1 million. Our coverage here.

Angel investors include Peter Thiel, Richard Rosenblatt, Georges Harik and other investors.

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About the Author, Eric Eldon

Eric currently covers digital media technology and business news, especially what's happening on social networks and their platforms. He also writes and edits stories about venture capital, and lots of other stuff, too. He started at VentureBeat in the spring of 2007, half a year or so after Matt Marshall left his reporting job at the San Jose Mercury News to found the site. Eric previously cofounded a startup called Writewith, that was building editorial software for newspapers and other groups of writers. The startup didn't work out, but he learned a lot.