Next New Networks raises $15M more for video channels

Next New Networks raises $15M more for video channels

Next New Networks, the company that publishes thematic channels of video online, including Barely Political (which features Obama-cheering Obama Girl), has raised more capital to keep expanding.

It has taken $15 million more from Velocity Interactive and Goldman Sachs, we’ve just learned. This adds to the $8 million it raised a year ago (see our coverage).

The company now has 12 main channels in its network, with 33 million video views in February, a pace that suggests… Continue Reading