Blackwave is an Acton, Mass. based company that hosts and streams videos on the Internet. The company has recently raised $7 million in Series C from Globespan Capital Partners, Sigma Partners, and Flybridge Capital Partners. Thus far Blackwave has raised a total of $29 million in total funding.
“This renewed investment, combined with the ongoing acquisition of a range of new customers and partners, signals the market’s great confidence in our technology and our value proposition,” stated Blackwave CEO Bob Rizika.
5min is a website that features do-it-yourself videos that revolve around categories ranging from arts to pet care to health to video games. 5min has raised a $7.5 million second round of funding from Globespan Capital Partners and Spark Capital. Globespan led the round.
5min receives about 200 million views per month and has a library of over 100,000 short videos. 5min also syndicates content to wikiHow, Wikia, and hundreds of other websites driving pageviews to their website.
This round of funding will be used to further developer 5min’s VideoSeed syndication platform. This allows websites to scrape video content from their website, but with advertising built in.
5min raised $5 million in their first round of funding from Spark around November 2007. Seven months before that, 5min raised $300,000 from angel investors.
Amobee “has built and designed the first and only telco-grade ad-serving solution 100% dedicated to mobile operators, allowing them to ad-fund all non-voice related applications and services: WAP Browsing, Video & Music, SMS, MMS, and Games.” Amobee allows users to decide if they want to view non-voice advertising content or to pay for avoiding advertisements. Advertisements would be relevant to the content being viewed.
In a previous investment, Amobee raised $5 million from Sequoia and Accel. Amobee has offices in London, San Francisco, and has a research and development arm in Herzliya, Israel.
