Deals

Redux gets $1M to help users find and watch online videos

Redux, a platform for watching videos online, has raised $1 million in a third round of funding. Existing investors Draper Fisher Jurvetson and Alsop Louie Partners led the round, according to a filing with the SEC.

The site, which allows users to share, discover and watch video content, announced a partnership with MySpace earlier this month. The deal allows users to embed a video player powered by Redux into their MySpace page.

Formerly called Facematch and founded in 2006, Redux is based in Berkeley. The startup raised $1.65 million in 2007 and $3.5 million in 2008.

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