LongTail Video Garners $5,000,000 Series B Funding
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4d6ce201-19f6-4fad-b9ac-9908693cd1bc&Preview=1 - Date
11/7/2012 - Company Name
LongTail Video - Mailing Address
134 Fifth Avenue 5th Floor New York, NY 10011 - Company Description
LongTail Video is a New York-based startup that has pioneered the web video market. Our flagship product the – JW Player – is active on over one million websites and streams billions of videos each month. It is used by a diverse group of publishers, ranging from Fortune 500 companies to individual bloggers. AddOns, a library of plugins and skins contributed by LongTail’s community of developers that enable customers to customize their JW Player, are used by over 300,000 sites; and the AdSolution, LongTail’s stand-alone, self-serve video ad serving system serves over 200 million in-stream ad impressions each month to thousands of websites. - Website
http://www.longtailvideo.com - Transaction Type
Venture Equity - Transaction Amount
$5,000,000 - Transaction Round
Series B - Proceeds Purposes
The company will use the funding to drive new product development and to expand its sales and marketing efforts. - M&A Terms
- Venture Investor
Greycroft Partners - Venture Investor
Cue Ball Group
