About a year ago, custom video player service Fliqz received $2.5 million in a second round of funding, on top of the near $1 million the company had already received in angel funding. Now, VentureBeat reports that Fliqz has tacked on another $3.2 million to its second round of funding, from the same investor, Mohr Davidow Ventures.
With a hosted video-service that’s somewhat similar to VideoEgg and Brightcove, though doesn’t seem to have the same breadth as the other hosted video services, Fliqz has remained pretty low on the radar given the overwhelming amount of attention that’s being given to the online video market. It’s hosted video services amount to about $50 per month, and Fliqz reportedly has some big name clients such as Major League Baseball and VH1, and recently PBWiki as well.
Nevertheless, it appears as though Fliqz is still looking to raise more venture capital in order to really ramp up its efforts in the online video market. Given the additional features offered by VideoEgg and now Google, hopefully Fliqz has plans to soon add a more robust advertising option for clips hosted and distributed through its network.
User comment: By: Deal RoundUp: Feb 22, 2008 : unitedBIT[...] Fliqz, an Emeryville, Calif. added a $3.2 million to its second round of funding. Mohr Davidow Ventures, which previously provided $2.5 million in the second round, added the new capital, according to VentureWire. The company says it has more than 3,000 customers, including Major League Baseball and VH1, among others, but its not clear how the company is making money. It sells a "hosted" version for as little as $50 a month. Source:VentureBeat. See further at Mashable! [...]
Visit here to subscribe to these commentsUser comment: By: Ted RheingoldMy guess is that Castfire (http://www.castfire.com/) is already way ahead of them. You probably haven't heard of them because they are profitable and not funded, but they are taking business from Brightcove right and left.