Archive for the ‘MixerCast’ Category

Widget Provider MixerCast Takes $6 Million Series B

January 21st, 2008 by | No Comments | Filed in Company & Product Profiles, MixerCast

mixercastlogo.pngSan Mateo based embeddable widget provider MixerCast has taken $6 million Series B in a round led by Intel Capital that included ONSET Ventures and Velocity Interactive Group.

MixerCast allows users to mix together personal and licensed media into a slide show via one of their 18 customizable templates. Content for shows can be uploaded from a computer, recorded on a web cam, pulled in via url, or selected from an extensive library that includes content from Getty images, Nature & Wildlife, Muze Music, Muze Reels, and Pump Audio.

MixerCast’s next release, the MCast Suite, will offer content publishers and brand marketers “tools to combine and package practically any type of media and even third party widgets from the likes of Clearspring, RockYou and Slide into a single embeddable application.”

The company previously took $2.6 million in December 2005, taking total funding to $8.6 million. The new funding will be used to expanded capacity and to support customers and partners including Entertainment Tonight/Paramount and CBS.

See our full May 2007 review of MixerCast here.

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ComVentures Merges With Velocity, Gets A Much Needed Fresh Start

December 17th, 2007 by | No Comments | Filed in Company & Product Profiles, Doppelganger, Fabrik, IndiaTV, MixerCast, NDTV Networks

Ross Levinsohn (former President of Fox Interactive) and Jonathan Miller (former Chairman and CEO of America Online) launched Velocity Investment Group earlier this year with the goal of acquiring and investing in digital media startups. Today they are announcing a merger with ComVentures, a venture fund with around $1 billion under management.

This sounds like a bit of a coup. The new entity is taking Velocity’s name and will be called Velocity Interactive Group. Two ComVentures partners – Michael Rolnick and Jeb Miller, will be “pursing other interests,” which is probably just a nice way of saying they were booted from the fund.

This is a rare move for a venture fund, and from what we hear ComVentures has been doing well in its investments. But a series of events, such as the FilmLoop debacle, may have left the brand somewhat tarnished. The fund was also ridiculed for stealing Sequoia’s web site look and feel.

A fresh start for ComVentures isn’t a bad idea, and getting talent like Levinsohn and Miller doesn’t hurt, either. The fund will be opening new offices in Santa Monica and New York, adding to existing offices in Palo Alto, India and China.

The fund is also announcing a few investments, including NDTV Networks, IndiaTV, Fabrik, Doppelganger and Mixercast.

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