San Mateo based embeddable widget provider MixerCast has taken $6 million Series B in a round led by Intel Capital that included ONSET Ventures and Velocity Interactive Group.
MixerCast allows users to mix together personal and licensed media into a slide show via one of their 18 customizable templates. Content for shows can be uploaded from a computer, recorded on a web cam, pulled in via url, or selected from an extensive library that includes content from Getty images, Nature & Wildlife, Muze Music, Muze Reels, and Pump Audio.
MixerCast’s next release, the MCast Suite, will offer content publishers and brand marketers “tools to combine and package practically any type of media and even third party widgets from the likes of Clearspring, RockYou and Slide into a single embeddable application.”
The company previously took $2.6 million in December 2005, taking total funding to $8.6 million. The new funding will be used to expanded capacity and to support customers and partners including Entertainment Tonight/Paramount and CBS.
See our full May 2007 review of MixerCast here.
$8.6 mil for creating slideshow based on 18 flash templates? their alexa rank is 413,809 ( http://www.alex...s/mixercast.com ) so i’m guessing its not for bandwidth either.. sorry, but the math doesn’t figure to me.. what am i missing here?
> what am i missing here?
It’s a platform, probably best fit as whitelabel service rather than a destination site. Some good tools/frameworks for developing frontend stuff (widget-creator or remixing tools) and at the same time there are some good backend stuff (transcoding, workflow, syndication and more such engines)..
-abdul
2.6 Million for NO users. That is absurd. and now more money. They still don’t even have a revenue model.
Blah Blah Blah.
Another company in California got another round of VC financing.
Why don’t you report some real news — like a company that’s not in California or NYC getting some venture financing.
LA and the Bay Area have stolen hundreds of billions from investors in the mortgage market in the past three years, and will keep stealing when our taxes go up to bail banks and individuals out. If Wall Street hadn’t helped you steal from the rest of us, you wouldn’t have been able to afford to hire software developers because they wouldn’t have been able to afford housing.
There should be 100% taxation for VC profits in the Bay Area until the rest of the country starts seeing a little love.
I didn’t steal anything.
Lol Sailor Moon, that’s funny.
I am seeing flashbacks to 2000 now. I mean, this seems more like a neat little tool than a business. With no real revenue model, no customers, and only some piece of technology that is easily repeatable, what really is the point?
Not trying to blame VC’s, they are actually doing real well. The problem lies with the big companies that are buying up all these gadets and tidbits of technology, providing the exit for VC’s. Eventually, some of the companies are going to realize they have a huge portfolio of crap, the successful exits will slow down, and the money will stop flowing.
Sailor Moon…too funny. There are actually companies being funded outside the Valley and NYC. There was a recent transaction in Ill and in MD and what is more interesting is outside of the areas you mentioned, more and more municipality funds are starting to invest in Series A-D rounds.
The valuations that these widget makers are getting are all related to the “Facebook effect” and as long as that can be sustained…well expect more!
Sailor Moon…too funny. There are actually companies being funded outside the Valley and NYC. There was a recent transaction in Ill and in MD and what is more interesting is outside of the areas you mentioned, more and more municipality funds are starting to invest in Series A-D rounds.
The valuations that these widget makers are getting are all related to the “Facebook effect” and as long as that can be sustained…well expect more!
The Salvation Army location is all over the world. They are operating in 113 different countries and are divided geographically into what is known as territories.
Hey all,
I work with MixerCast and just wanted to point out that Abdul’s comment about not being a destination site is on the right track. We indeed have a revenue model–there are fees associated with launching a social media marketing campaign with our platform and tools, plus advertising within the mashups and widgets themselves–and continue to add large media companies and advertisers to our stable of partners. If you’d like to learn more, feel free to drop me a note at jim.squires (at) mixercast (dot) com.
Thanks!
Jim