UK Online DVD Rental Firm Video Island Gets Funding

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Video Island, an online DVD rental service in UK, has raised 6 million pounds in a funding round led by Cazenove’s private equity arm. The firm, which launched in September 2003, said it would use the money to expand its business in the UK, its sole market. Previous investors, Benchmark Capital and Index Ventures, also participated in the funding round.

Last September, Video Island raised 2.1 million pounds in funding.

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