Earlier today I wrote about one video company buying another in order to compete further with YouTube. To be honest, I had never heard of Motionbox or Viddyou, but one YouTube competitor I have heard of is DailyMotion. DailyMotion has just raised $22.1 million giving them a total of $65.6 million.

DailyMotion is based in France and specializes on both independent films along with user-generated movies. DailyMotion CEO Cedric Tornay said that the funding will be used to strengthen the balane sheet and fund the growth of the company. DailyMotion’s revenue is expected to grow about 50% this year and they are profitable.

That is Impressive for a website that spends tons of money on bandwidth and storage. YouTube reportedly costs Google $2 million per day to keep alive.

The investors in this round of funding includes Atlas Venture, AGF Private Equity, Advent Venture Partners, and Partech International.

Seatwave is a European startup that sells secondary tickets over the Internet.  Given that this is a huge market, the company has attracted $17 million in Series D funding.  This round of funding was led by Accel Partners and Atlas Venture.  Other investors in this round of funding Mangrove Capital Partners, Fidelity Ventures, and Adinvest.

GP Bullhound named Seatwave the fast growing digital media company.  Joe Cohen, a former employee of Atlas Venture founded Seatwave.  Through this round of funding, the company has raised a total of $53 million.

[via TechCrunch]