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February 8, 2012 05:45 pm GMT
Blip.tv is going through some changes, with founder Mike Hudack gone and a search for a new CEO still ongoing. But the company raised a $6 million C round from its two main investors in December, and now just added to that with another $6 million credit facility from Silicon Valley Bank. There is also a new logo, and the company is now called just Blip. So how is the indie Web video distribution service doing? "We essentially doubled revenue in 2011," reports COO Steve Brookstein.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UNhGIuR-L7A/
Blip COO: We Essentially Doubled Revenue In 2011
Blip.tv is going through some changes, with founder Mike Hudack gone and a search for a new CEO still ongoing. But the company raised a $6 million C round from its two main investors in December, and now just added to that with another $6 million credit facility from Silicon Valley Bank. There is also a new logo, and the company is now called just Blip. So how is the indie Web video distribution service doing? "We essentially doubled revenue in 2011," reports COO Steve Brookstein.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UNhGIuR-L7A/
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