How-to video aggregator Howcast added $2 million to its first round of funding (via VentureBeat), bringing its total raised to $10 million. The extra funds came from private investors; Tudor Investments led the round when it was first announced in February. NY- and SF-based Howcast lets users post videos (which they get paid for, if they’re high enough quality) and pulls in third-party content, but also produces some of its own clips. The online how-to video space is getting crowded, with Scripps’ DIY Network and Discovery’s HowStuffWorks on the upper end, and indies like WonderHowTo and VideoJug on the other. In a push to gain ground, Howcast has brokered a number of distribution deals with more well-established partners, including a recent deal with DailyMotion.
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
["wijax_d2033a8b9d776bd8f7c6ea348f0ccb4c","wijax_ab24dc314e4f04781e0c80df3cf646b3"]
{"source":"https:\/\/gigaom.com\/2008\/10\/24\/419-howcast-adds-2-million-to-first-round-financing\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_3bb114b3d0c47e473a876359501b7581","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
{"source":"https:\/\/gigaom.com\/2008\/10\/24\/419-howcast-adds-2-million-to-first-round-financing\/wijax\/49e8740702c6da9341d50357217fb629","varname":"wijax_3bb114b3d0c47e473a876359501b7581","title_element":"header","title_class":"widget-title","title_before":"%3Cheader%20class%3D%22widget-title%22%3E","title_after":"%3C%2Fheader%3E"}
Comments have been disabled for this post