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October 21, 2011 04:02 am GMT
ViKi, an international video site for world TV series and movies translated in 100+ languages by its community, has raised $20 million in new funding from SK Planet, BBC Worldwide, Greylock Partners, Andreessen Horowitz, Charles River Ventures, Neoteny Labs and others. This brings ViKi's total funding to $25 million. For background, ViKi is an open-source-like solution for video, and acquires the rights to TV shows and movies. The site then puts it on one of its channels and within the first 24 hours an organized, volunteer community subtitles the content using ViKi's software.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yWkGrCQG5ko/
Andreessen Horowitz, BBC, Greylock Put $20M In International Video Site ViKi
ViKi, an international video site for world TV series and movies translated in 100+ languages by its community, has raised $20 million in new funding from SK Planet, BBC Worldwide, Greylock Partners, Andreessen Horowitz, Charles River Ventures, Neoteny Labs and others. This brings ViKi's total funding to $25 million. For background, ViKi is an open-source-like solution for video, and acquires the rights to TV shows and movies. The site then puts it on one of its channels and within the first 24 hours an organized, volunteer community subtitles the content using ViKi's software.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/yWkGrCQG5ko/
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