NBC Invests In Video Search Startup EveryZing And Signs Up As Its Biggest Customer
Posted: May 11, 2009
By: techcrunch.com
Video search startup EveryZing just landed its biggest fish yet: NBC Universal. Boston-based EveryZing signed a master service agreement with NBC to provide video search and search-optimization technologies across all of its online properties, which include NBC.com, iVillage, CNBC.com, and the websites for Bravo, Sci-Fi, and Telemundo.
NBC is also investing in the company, leading its latest $8.25 million C round, through its venture capital arm, the Peacock Equity Fund. Peacock Equity put in $3 million of the total, with existing investors Fairhaven Capital, General Catalyst Partners, Accel Partners and BBN Technologies putting up the rest. The valuation was flat with the last $10 million round the company raised in 2007…….[read entire article]
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