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AOL Leads $16.6 Million Investment Round for Internet TV Firm Brightcove

Authored by Mark Hefflinger on November 22, 2005 - 11:15am.
Cambridge, Mass. - Brightcove, a provider of an open Internet TV service for content publishers, said on Tuesday that it has received a major investment from America
Online, which led the company's new $16.2 million funding round. The companies also have forged a video content distribution partnership, which will allow video publishers using Brightcove's service to syndicate their video content directly to AOL.com. AOL will market a co-branded version of the service as the self-service platform for publishing video on AOL.com. The service that allows video publishers to distribute and their programming through a variety of broadband channels. Other investors in the company's second round included IAC/InterActiveCorp, Hearst, Allen & Company, Accel Partners and General Catalyst Partners.
http://biz.yahoo.com/bw/051122/20051122005183.html?.v=1
http://www.brightcove.com
tags: Internet | TV | AOL | Brightcove | Investment |



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