Monday, October 30

Eyespot Raises $3.7 Million in Funding

Eyespot Corp., the leading provider of easy-to-use video editing and mashups applications, today announced that it has closed its Series A funding of $3.7 million. The preferred series offering was led by Gabriel Venture Partners. Other participants include Express Ventures and executives from MP3.com and DivX. The funding will enable the company to further develop its online and mobile products as well as execute its strategy of providing video platform technology to major media companies.

1 comment:

  1. I hope Eyespot can further gow.. It's a real nice project, easy to use efficient in functions..


    I'm trying to use it in a UGC-action, but I encountered some problems rendering.. I can't quite put my finger on it but it seems to get stuck while fetching meta-data.

    Any Idea how to avoid this? I can't have this happening while our visitors are working...

    ReplyDelete

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