Online Video Venture Capital Report - Q1 2009
Despite the ongoing recession and continually grim economic news, online video companies had more success than most industries in drawing down funding in the first quarter of 2009. We surveyed the companies who announced funding rounds in the first quarter to assess the funding landscape and analyze the characteristics these companies have in common, while looking for the aspects that differentiate them.
We also talked to several partners at venture capital firms about what they like in the online video industry right now, and how the online video companies in their portfolios attracted investment.
All told, we tallied up 10 signifcant funding announcements of $1 million or more in the space in the first quarter; feel free to tell us if there are any we need to add.
Here are summaries on those 10 online video companies who got the VC cash in the first quarter, followed by interviews with the venture community.
We hope this report is helpful to companies entertaining the idea of raising money, and also to readers who think they have the "next big idea" in online video looking for backing to turn it into a successful company.
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