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Startup Meme >> FeedRoom buckles up with $12 million for online video
Jul 10 2008

FeedRoom buckles up with $12 million for online video

Sardar Mohkim Khan   |  31 Views

FeedRoom FeedRoom; a leading provider of complete Web Video solutions for corporations, publishing and media organizations has raised an added additional $12 million of financing as reported by Anthony Ha. The round was led by NewsSpring Capital along with participation from existing investors namely BEV Capital and Velocity equity Partners.

The company has been around for around 10 years with a more rapid change coming up since Mark Portu took up the reigns of CEO and build upon a leadership team. The customers include General Motors, The New York Times and the Pentagon, covering quite a web of places and no to forget unique.

The total funding has now come to $66 million as according to NewTeeVee. The company enables you optimize your communication with the audiences both internal and external. It offers unique set of features that include Podcasting, Search engine optimization and RSS feeds.

The present raise has now taken the total funding to $66 million as told by NewTeeVee.

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