vMix with VC Dollars

There are nearly a 100 odd online video companies, each one with a different twist. All of them are growing like mad – for good or for the bad. They all need to grow their infrastructure. And since they are not making any money – and aren’t likely to make any money for a long time – they need sugar daddies, aka venture capitalists. The word on the Sand Hill Road is that yet another online video content player, vMix, raised $4 million from Enterprise Ventures and Mission Ventures. They are being valued at 4@4, I am told. Oh well – they will need a lot more than that, given that Google and You Tube are dominating the market.

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