Generate, a video creation shop, joins Velocity’s digital media portfolio
Generate is a two year old effort run by executives who have left their big companies for the startup life. The company creates compelling short videos on small budgets, that are distributed across the web, television and mobile devices.
The Santa Monica, Calif.-based company has just raised $6 million from Velocity Interactive Group — this is also another move by Velocity to assemble a portfolio of complementary media companies. More on that in a minute.
Generate’s model… Continue Reading