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Summary:

Yahoo is close to acquiring enterprise video startup Maven Networks for between $160 million and $170 million, according to sources familiar with the deal. TechCrunch was first to print word of the acquisition. Maven provides video hosting and distribution services for Gannett, Hearst, Fox News, Sony […]

Yahoo is close to acquiring enterprise video startup Maven Networks for between $160 million and $170 million, according to sources familiar with the deal. TechCrunch was first to print word of the acquisition.

Maven provides video hosting and distribution services for Gannett, Hearst, Fox News, Sony BMG, the Financial Times, Univision, TV Guide, and others. Maven CEO Hilmi Ozguc spoke at our NewTeeVee Live conference in November. Ozguc told us in an interview last fall, “We’re growing at a breakneck pace quarter to quarter. Media companies have needs but they don’t have technology experience. It is rocket science, it’s difficult, and that’s what we’re very good at.”

Maven had some $30 million in funding from Prism Venture Partners, Accel Partners, and General Catalyst Partners, having raised a $12 million Series C round in 2006. The company recently expanded its video advertising platform. It has a backend partnership with thePlatform, which is owned by Comcast.

Brightcove CEO Jeremy Allaire was an adviser to Maven before he stepped down to start Brightcove, after which the companies evolved to become quite similar to each other.

  1. very interesting. they have a good list of customers. It is good to see Yahoo moving past just Yahoo Video in the video arena.

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  2. [...] NewTeeVee is reporting that Yahoo is paying $160-to-$170 million. Share/Send Sphere Print Previous Post [...]

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  3. [...] Source: NewTeeVee and TechCrunch] SPHERE IT! Categories: Prism Venture Partners, Maven Networks, Accel Capital, [...]

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  4. [...] Yahoo is buying a broadband television distribution company called Maven Networks, for $150 million, according to Techcrunch and for between $160 million and $170 million according to NewTeeVee. [...]

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  5. [...] Yahoo is buying a broadband television distribution company called Maven Networks, for $150 million, according to Techcrunch and for between $160 million and $170 million according to NewTeeVee. [...]

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  6. [...] Read the rest of this post Print Sphere Comment Tagged: Maven Networks, Liz Gannes, NewTeeVee, Yahoo | permalink [...]

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  7. [...] and advertising platform for big media sites such as Fox, CNET, and CBS Sports. NewTeeVee reports the price to be in between $160 – $170 million. TechCrunch reported the story earlier rumouring [...]

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  8. [...] de Yahoo! y todo son especulaciones. Hay quien afirma que el precio de Maven podría ascender a los 160 o 170 millones de dólares. Tags: compra, maven, publicidad, rumores, vídeo, yahoo! Entradas [...]

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  9. [...] Yahoo köper Maven Networks för ca 165 MUSD | NewTeevee  [...]

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  10. [...] Yahoo! is apparently making a significant (enterprise) video acquisition itself (Maven [...]

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