digitaltv

DailyMotion receives $34M in venture funding

Filed in archive Internet TV on August 31, 2007

Some of you expressed interest in DailyMotion.com - a French site trying to compete against YouTube - after I wrote about it 9 months ago. Dailymotion has grown rapidly to reach some 37 million visitors a month.

The wall street journal today has a story about them receiving securing $34 million in venture-capital funding to expand.

The company's new funds come from venture-capital firms Advent Venture Partners LLP of London and AGF Private Equity of Paris, a division of Allianz AG. Dailymotion already had raised about $9.5 million in October from venture firms Atlas Venture and Paris-based Partech International.



Permalink: DailyMotion receives $34M in venture funding

Tags: YouTube  2007  venture  funding  dailymotion  dailymotion+receives  venture+funding  receives+venture 

Vote for DailyMotion receives $34M in venture funding:

  • Currently 6.00/10
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
Rating: 6.00 out of 1 vote(s) cast.
 
Share It
RSSrss
Google google
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
TwitterFollow us on Twitter!
Tagcloud
Most Popular   3D TV   Announcements   Best of   Blu-Ray DVD   Blu-ray DVD versus HD DVD   Business Trends   Channels   Did you know   DTV Transition Act   DVD Media   Flashback   HDTV   iDTV integrated Digital Televisions   Information about   Internet TV   IPTV   Life Digitized   Mobile Video   Projection Televisions   Quick introduction