VideoEgg Receives $12 Million in Funding

Oct 03, 2006

VideoEgg, Inc., a provider of web-based video publishing solutions, has announced a $12 million Series C stock financing round led by Maveron, a consumer-focused venture capital firm. Previous investors August Capital and First Round Capital also participated in the round. The new funds will be used to evolve VideoEgg's video enablement platform for site publishers and continue to grow the Eggnetwork, the company's recently launched advertising network. The VideoEgg Publisher is a small browser plug-in designed to capture, encode, upload, and share video online.