Blog Post

Video Funding Keeps on Coming

IPTV services provider Avail Media, the result of Auroras Entertainment and Broadstream Communications combining earlier this year, raised $17 million in funding from Novak Biddle Venture Partners, Columbia Capital, Pioneer Venture Partners, and Benaroya Capital.

blinkx is out to raise 25 million pounds ($49 million) in its IPO, for a market capitalization of 114 million pounds ($225 million). We continue to think that seems like an inflated number.

Veotag, one of a few makers of tools for marking up online video, has raised $750,000 in angel funding, reports alarm:clock. The a:c says the company was founded in March of 2007, which I’m certain is wrong, as they’ve been pitching us for quite a while now. Paul interviewed the company in March, at which point they said they’d gotten angel funded at the end of last summer. We’ve called the company to iron out the timeline.

Update: Veotag VP of Marketing Howard Seibel writes via email “Yes, we raised $750K from Paul Gelburd, Managing Partner of Tam Partners and former head of the San Francisco office of GE Equity, who led a group of angel investors, and William O. Perkins, III, founder and
manager of Small Ventures USA, a Houston-based venture capital and private equity firm.” The company was founded in May 2006, he adds.

Also, remember Joost? They got a big round of funding this week. Well, if you want to get in, Om has secured 20,000 invites. Just go to this landing page.