Online TV network Blip.tv snags funds, touts growth
Blip.tv, a web television network that hosts shows, series and video blogs, announced today that it raised an undisclosed amount in a second round of financing led by Bain Capital Ventures. It also said it has seen a 250 percent jump in video views over the past year, hitting 51 million views in September.
The New York-based company plans to use the new money to beef up its advertising platform and forge more syndication relationships, it… Continue Reading
LiveUniverse rumored to purchase video site Revver
Online entertainment network LiveUniverse has purchased struggling video site Revver, according to NewTeeVee.
The purchase price was substantially more than the $500,000 to $1.5 million Revver was supposedly asking for, says NewTeeVee’s unnamed source, but it was also under $5 million. Revver’s staff will continue to work under the new ownership.
The deal isn’t a huge surprise — more than a month ago, Contentinople reported that it was in the works, and since then, plenty of other… Continue Reading
Roundup: Floating data centers, Xobni, Jaffe, Lanzone, Revver & more
Here’s the latest action:
1. Data centers floating in the SF Bay?
2. CEO of search engine Ask goes to Redpoint
3. Xobni’s Outlook plugin enhanced
4. Microsoft dealmaker Bruce Jaffe to join startup life
5. Yahoo’s browser-based player now public
6. Readburner lets you see what’s shared on Google Reader
7. Nextreme keeps chips cool
8. Planting hairy plants may help prevent global warming?
9. Intel to launch WiMax PC card by June
10. LiveUniverse buying video sharing site Revver?
11. Terry Semel restarting investment… Continue Reading
Roundup: Andreessen’s tips, Revver’s shakeup, Xing’s move, Yigg.de and much more
Here’s the (updated) latest action:
Marc Andreessen getting taste of what it’s like to be a blogger – The Netscape co-founder launched a blog last week. The NYT ran a story about one of his earliest posts. Then he did a good piece about how to hire. And now all the attention has him racing out more posts, including a three part series on The truth about venture capitalists, all very good reads (here, here and… Continue Reading
Video retrenchment begins, Juice Wireless going for broke
(Updated with substantial clarifications from Juice co-founder Nick Desai)
Juice Wireless, the New York mobile video-sharing start-up, is still on hunt for financing, raising questions about its prospects amid a retrenchment hitting the video sharing industry in the new year.
Juice is raising a roughly $3.5 million round of financing, now calling it a “bridge” to raise even more capital — in recognition that competition has raised the stakes, and will require more resources.
A month ago,… Continue Reading