Funding: Videoegg gets $12 million

By Vivek Puri | September 27th, 2006 at 10:54 pm ET         

Videoegg, site specializing in video publishing, editing, distributing and remixing, has raised $12 million lead by Maveron. It was only last week that Videoegg had announced new partnerships with top social networking sites, which I had discussed here.
 
Videoegg daily reach on Alexa has shown some increased activity after the earlier announcement about partnerships. It has to seen whether those data points are outliers or combine to form an upward consistent curve.

Also, Comscore has today released results for Video Metrix, which tracks actual online streaming video behavior among U.S. Internet users. Myspace topped the ranking to have the highest individual video streams initiated by U.S. users with nearly 1.5 billion streams. Videoegg has yet to reach the top 10.

Links:
Videoegg

Tags: StartupSquad, Videoegg, Video, Web2.0, Web_2.0, Funding