LongTail Video Garners $5,000,000 Series B Funding

  • Feed Type
  • Date
    11/7/2012
  • Company Name
    LongTail Video
  • Mailing Address
    134 Fifth Avenue 5th Floor New York, NY 10011
  • Company Description
    LongTail Video is a New York-based startup that has pioneered the web video market. Our flagship product the – JW Player – is active on over one million websites and streams billions of videos each month. It is used by a diverse group of publishers, ranging from Fortune 500 companies to individual bloggers. AddOns, a library of plugins and skins contributed by LongTail’s community of developers that enable customers to customize their JW Player, are used by over 300,000 sites; and the AdSolution, LongTail’s stand-alone, self-serve video ad serving system serves over 200 million in-stream ad impressions each month to thousands of websites.
  • Website
    http://www.longtailvideo.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The company will use the funding to drive new product development and to expand its sales and marketing efforts.
  • M&A Terms
  • Venture Investor
    Greycroft Partners
  • Venture Investor
    Cue Ball Group