Magnify.net takes $750K for web video hosting

Magnify.net, a New York-based startup that helps regular people add videos to their web sites, snagged $750K in first-round financing to expand its operations. It tacks this total onto the $1 million it raised in February. The service allows its users to make and host their own videos and embed videos from sites like YouTube, Hulu and Howcast on their own sites.

The recent round came from Innovation Ventures, Rose Tech Ventures, NextStage Capital, Ogden Capital,… Continue Reading

Roundup: Facebook users triple in Japan, MySpace selects citizen journalists and more

Roundup: Facebook users triple in Japan, MySpace selects citizen journalists and more

Here’s the latest action:

ComScore: Facebook users triple in Japan during the last year
– But Mixi.jp is still number one, with 12.7 million visitors compared to Facebook’s 538,000.

MySpace and NBC select citizen journalists — They’ve chosen Matt Britten and Sara Pat Badgley to cover the Democratic and Republican Conventions, respectively, as part of the companies’ Decision08 contest. Britten and Badgley’s videos and blog posts will appear on MySpace, and possibly on the MSNBC TV channel and… Continue Reading

Video service Magnify.net goes social and adds professional tools

Video service Magnify.net goes social and adds professional tools

Online video sharing service Magnify.net is rolling out version 3.0 of its site today. With this iteration, the company is adding some new social media tools as well as professional video services in an attempt to turn the site into a full-scale online video network.

Magnify.net thinks it can take on a much larger site like YouTube by emphasizing its openness to the Internet community as a whole. While YouTube focuses on single videos throughout its… Continue Reading

Roundup: KnockaTV’s tough lesson, Nokia’s green phone, Slingshot Labs, Bragster, GumGum and more

Roundup: KnockaTV’s tough lesson, Nokia’s green phone, Slingshot Labs, Bragster, GumGum and more

1. KnockaTV a big lesson for start-ups
2. Nokia unveils handset made entirely of recycled pieces
3. Magnify.net, the DIY video platform, growing
4. Novell buys Sitescape, open source collaboration tool
5. MySpace rips-off another Facebook idea: Slingshot Labs
6. GumGum helps photographers make money on the web
7. Hollywood’s writers have voted to end strike
8. Microsoft exec calls Vista-capable machines “junk”
9. Internet phone company Vonage in financial trouble
10. Intel puts $3.5 million into bizarre idea: Bragster

KnockaTV a big lesson for… Continue Reading