New York - Broadband Enterprises, an online video network, announced on Thursday that it has received a $10 million investment from Velocity Interactive Group.

The four-year-old company counts 174 mainly corporate customers, including American Express, AT&T, McDonald's and Honda, who utilize its video ad sales, syndication and original content production services.

It claims over 45 million unique video viewers each month across its network of over 1,800 affiliates.

New York-based Broadband Enterprises will use the funds to expand partnerships with media companies and video producers, and for product development.

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http://www.broadbandenterprises.com