FierceIPTV presents the top venture cap fund raisers in the online video space, as compiled from PE Week and VentureBeat among other sources. The top five include a YouTube challenger in Paris, two California video distributors and two from China. Runners-up are listed below, as are companies in the online video distribution support space.
The top five:
$34 million
Dailymotion SA
Two-year-old Paris video aggregator Dailymotion SA secured $34 million in venture cap in May from Advent Venture Partners LLP of London and AGF Private Equity of Paris. Dailymotion raised about $9.5 million last year from Atlas Venture and Paris-based Partech International.
$30 million
Metacafe
Launched in 2003 and based in Palo Alto, Calif., MetaCafe was the seventh most visited video site in July and August [1]. It received $30 million in a second round of funding in August.
$26 million
Veoh
The San Diego video-sharing site started by former Disney executive Michael Eisner, raised $26 million in a second round of funding in June, led by Highland Capital Partners and DAG Ventures; Accel Partners and Benchmark Capital also contributed. The business received $15 million in its first round. Veoh [2] was the ninth most visited video site in August [1].
$23.5 million
UUSee
UUSee, a Chinese video distribution Website, raised $23.5 million in funding, with Draper Fisher Jurvetson and Highland Capital leading, and Steamboat contributing, in March.
$18 million
Toudou
Chinese online video-sharing site Toudou.com raised $18 million from JAFCO in April.
Click here to see the whole report with runners-up and other notables... [3]
Links:
[1] http://www.fierceiptv.com/story/top-video-sites-august/2007-09-18
[2] http://www.fierceiptv.com/story/veoh-launches-veohtv-online-video-portal/2007-06-26
[3] http://www.fierceiptv.com/story/top-five-iptv-venture-capital-deals-through-aug-2007-runner-ups/2007-09-18