Yes, it is still happening: another video sharing site Fliqz, based out of Emeryville, CA, has received $1 million in angel round funding. Angel financing came from The Caufield Angel Fund (as in Frank Caufield, of Kleiner Perkins Caufield & Byers), Dave Witherow, former president of VentureOne, Don Hutchison, a former Excite@home exec and Marty Korman, of Wilson Sonsini.
The site is aimed at users who want to manage their personal vidoes into collections, with high-quality resolution.
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