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March 16, 2012 05:00 pm GMT
DramaFever wants to build a site where North American audiences can watch TV from around the world, and it has won the support of some key figures from YouTube's past.The company just announced that it has raised $4.5 million in Series B funding. The round was led by MK Capital, a firm whose portfolio also includes Movieclips and popular gaming video site Machinima. YouTube's co-founder Steve Chen and Benjamin Ling (a product manager at Google who was YouTube's director of partnerships, content, and platforms from 2008 to 2010) also invested, as did Stubhub founder Jeff Fluhr, GraphEffect president Stephano Kim, Wikets CEO Andy Park, and Capital IQ co-founders Randy Winn and Steve Turner.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zTfLzsV4fsQ/
Video Site DramaFever Raises $4.5M, With Backing From YouTube Co-Founder
DramaFever wants to build a site where North American audiences can watch TV from around the world, and it has won the support of some key figures from YouTube's past.The company just announced that it has raised $4.5 million in Series B funding. The round was led by MK Capital, a firm whose portfolio also includes Movieclips and popular gaming video site Machinima. YouTube's co-founder Steve Chen and Benjamin Ling (a product manager at Google who was YouTube's director of partnerships, content, and platforms from 2008 to 2010) also invested, as did Stubhub founder Jeff Fluhr, GraphEffect president Stephano Kim, Wikets CEO Andy Park, and Capital IQ co-founders Randy Winn and Steve Turner.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zTfLzsV4fsQ/
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