Brightroll Profitable; Scores $10 mil

Video ad network, Brightroll, today announced it has secured $10M in Series C financing led by Scale Venture Partners. That brings total VC money to $16M to date. True Ventures, Adams Street Capital and KPG Ventures also kicked in.

More interestingly, Brightroll said that it has been profitable for nearly 12 months. Thats genuinely [...]

Weequahic: The Trailer

I’ve long espoused the use of online video as a quintessential tool for aspiring film makers to build buzz, raise funds and show off their work to get real jobs. So I’ll take the opportunity to post a just-released trailer for a new gangster flick, “Weequahic,” by my longtime friend, Jamie Ruddy.

Jamie is an up-and-coming [...]

EveryZing gets another $8.25 Mil

Video search, publishing and SEO firm EveryZing announced today that they have raised another $8.25 million, $3 million of which from GE’s Peacock Equity, the remainder existing investors Fairhaven Capital, General Catalyst Partners, Accel Partners and BBN Technologies. The company will also deploy its solutions across NBCU digital properties.

EveryZing CEO Tom Wilde broke down the [...]

60 Frames Shuttered

Just a sign of the times or a true statement on the potential of original webisodic content? According to multiple sources, including PaidContent and the Hollywood Reporter, original online entertainment producer 60Frames has closed its doors.

What frightens me is that 60Frames was one of the better content producers out there, backed by United Talent [...]

ScanScout Nabs $5.1 Mil

According to PaidContent (where’s our press release?), video ad insertion provider ScanScout has picked up an additional $5.1 mil in funding, with intentions of grabbing another $3 mil before the tranche is complete.

In addition to being a nice coup for ScanScout, the funding continues the trend of money flowing into the online video [...]