VideoEgg

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VideoEgg Inc. was formed in 2005 by three Yale University students. It is a web-based publishing service that allows users to capture video content from virtually any device and format and publish it to the web.[1][2]

In September 2006, VideoEgg started to sell advertisements through the new Eggnetwork after it raised $12 Million in funding from Maveron, August Capital, and First Round Capital in exchange for about 20% of the company.[3][4] People can upload videos straight to blog sites like bebo, piczo, and AOL

In April 2007, WPP acquired a minority stake ($3.5 million) in VideoEgg. [5]

In September 2007, VideoEgg raised $15 million to build out their video ad network.[6]

[edit] References

  1. ^ About.com, September 19, 2005.
  2. ^ TechCrunch, September 21, 2005.
  3. ^ "VideoEgg Gets a Jolt of VC", Business Week, September 27, 2006.
  4. ^ "VideoEgg Receives $12 million in funding from Maveron, August Capital, and First Round Capital", PR Newswire, September 28, 2006.
  5. ^ "WPP acquires stake in VideoEgg, US-based video advertising specialists", WPP press release, April 16, 2007.
  6. ^ "$15 Million For VideoEgg As They Redefine Their Business", TechCrunch, September 4, 2007.

[edit] External links

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