Flash overlay gurus VideoEgg have landed themselves $15 mil in funding from Focus Ventures. WPP, August Capital, and Maveron, according to a press release from the company.

VideoEgg, which delivers video advertisements across many popular social-networking web sites, such as Bebo, Hi5, Flixster and Facebook applications will use the capital to grow its advertising network business and accelerate product development efforts, including innovative ad formats, targeting, and the most effective ways to leverage social networks to build brands.

In other video network speculation, rumors of a Broadband Enterprises buyout continue to swirl.

This entry was posted on Tuesday, September 4th, 2007 at 11:13 pm and is filed under Deals, Funding, News, Streaming, User Generated, Viral, Web 2.0, advertising, technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.