Fliqz: VC Money Still Flowing to Video

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Venture capitalists keep telling me they’re shying away from online video startups — the business plans are identical, they’re all depending on eyeballs, and the valuations are ridiculous, one VC said to me yesterday. Yet somehow, their money keeps in landing in video startups’ bank accounts.

The same day, PE Week dug up a filing showing video-sharing site Fliqz has raised $2.5 million in Series B funding from Mohr Davidow Ventures.

Who’s Fliqz? The company orients itself around personal video sharing, with options for making clips private and even password-protected. “Fliqz is a community founded on the premise that you should never have to delete your video assets,” writes Fliqz President and CEO Benjamin Wayne in a welcome note on the site.

Fliqz got pretty negative reviews last year, and it doesn’t seem to have changed much since then. Wayne told VentureBeat his site is unique because it enables video uploads but does not require a downloaded client and API integration, as VideoEgg does.

VentureBeat had previously reported that Fliqz received $1 million in angel funding from the Caufield Angel Fund, Dave Witherow, Don Hutchison, and Marty Korman.

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David Feinleib

Hundreds of thousands if not millions of sites, blogs, and wiki’s can benefit from integrating video. Fliqz addresses the video storage and serving needs of these publishers, large and small, through its plug and play video solution.

Liz, please come check out Fliqz’ new site, stop by, or give us a call – we’d love to give you an update.

Rich

Thanks for covering us in New Tee Vee,

Although Fliqz has been best known to consumers for our video sharing site, our public face will be disappearing in the next few weeks as we concentrate on our core business of delivering full service, plug-and-play video solutions to third party sites.

Over 300 sites and hundreds of blogs rely on our API and widget solutions to power over 30 million videos a month. Sites wishing to learn more about our private-label solutions can contact us at sales@fliqz.com or check out the Fliqzster, our instant video widget, at http://www.widgetbox.com.

Thanks again for including us in the roundup, and look for the launch of our new corporate site in the next few weeks.

Rich Henry
Client Services
Fliqz, Inc.

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