Greylock Reportedly Invests $8 Million In Revision3

By Amit Chowdhry • Jun 24, 2007

The reason why I like Revision3 is that the company produces the show, Diggnation. When a story hits the homepage of Digg and gets tons of hits and attention, the odds of the event being talked about on Diggnation increases.

And then either the founder Kevin Rose or producer Alex Albrecht gives credit to the user who submitted that particular story. This gives Digg.com more of a human element to it rather than algorithms controlling what is interesting.

Although I do not watch the show much myself, I did watch the episode after the HD DVD key fiasco to see the response from Rose and Albrecht. I would say that this episode is the one that captured my interest.

Sometime between last night and this morning, TechCrunch reported that Revision3 raised $8 million in investment from Greylock Partners.

“Online video site Revision3 has raised an $8 million second round of financing, according to a source close to the deal, bringing the total capital raised to $9 million. Our understanding is that Greylock led the round,” wrote Michael Arrington, TechCrunch founder.

Marc Andreessen, the co-founder of Netscape Communications, is also an investor in Revision3. With the new round of funding, I’m assuming that Revision3 will expand their network of online video programs.