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Summary:

Online video’s collective bank account expands a little bit every day; SpongeFish, Viewdle, Cotendo, and (possibly) Tudou have received new money. SpongeFish received $2 million to join in the already-crowded field of user-generated how-to sites. It’s going up against some pretty heavy hitters with deep pockets, […]

Online video’s collective bank account expands a little bit every day; SpongeFish, Viewdle, Cotendo, and (possibly) Tudou have received new money.

SpongeFish received $2 million to join in the already-crowded field of user-generated how-to sites. It’s going up against some pretty heavy hitters with deep pockets, so SpongeFish better soak up a lot more cash or have a really killer angle to succeed. We poked around but couldn’t find who participated in the investment round.

KIT Capital, which recently invested in beleaguered IPTV company ROO Group (which recently moved to Dubai), has made an undisclosed investment in video-search company Viewdle. A spokesperson for Viewdle told us KIT’s minority investment is more of a symbolic gesture in support of a larger business development deal, not part of a larger round of funding.

VentureBeat reports Sequoia Capital recently invested in the stealthy Israeli CDN-startup Cotendo. Like the rest of the funding news, few details were to be found.

Tudou (which has been under threat of takedown by the Chinese government), may have raised $53 million. That’s according to a report picked up on by Dan Primack at peHUB.

  1. [...] Malik, Tuesday, March 25, 2008 at 9:56 PM PT Comments (0) Earlier today some blogs reported that Sequoia Capital had invested in Cotendo, a content delivery company based in Israel. [...]

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  2. [...] Malik, Tuesday, March 25, 2008 at 9:56 PM PT Comments (0) Earlier today some blogs reported that Sequoia Capital had invested in Cotendo, a content delivery company based in Israel. [...]

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  3. [...] today some blogs reported that Sequoia Capital had invested in Cotendo, a content delivery company based in Israel. [...]

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  4. [...] today some blogs reported that Sequoia Capital had invested in Cotendo, a content delivery company based in Israel. [...]

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  5. [...] fourth-round venture funding amounting to $57 million. The majority of this round had already been reported, but today the company confirmed the entire amount, according to various [...]

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