One True Media Obtains $8,000,000 Series B Funding

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=304a2f71-3adc-4781-b407-299e4bfda6df&Preview=1
Date
11/9/2008
Company Name
One True Media
Mailing Address
955-A Charter St. Redwood City, CA 94063
Company Description
One True Media is an exciting new service for friends and families to easily create and share their priceless photos and videos on the web. One True Media focuses on the creative process, making it fun to tell and share video stories set to music with the most important network you have – your friends and family.
Website
http://www.onetruemedia.com
Transaction Type
Venture Equity
Transaction Amount
$8,000,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
DAG Ventures
Venture Investor
Kleiner Perkins Caufield & Byers