Magnify.net Raises $1M for Video Discovery, Broadcasting
Mark Hendrickson
12 comments »
New York-based Magnify.net has raised $1M in a Series A round involving Next Stage Capital, New York Angels, Rose Tech Ventures, Active Angel Investors, Ogden Capital, Gideon Gartner, and Chris Anderson.
The company is also claiming to have attracted 30,000 publishers and over three million visitors per month. Each publisher on Magnify.net sets up a so-called channel where they can aggregate user generated videos found across the web on places like YouTube. Magnify.net also recently added webcam broadcasting capabilities so presumably this figure includes webcam channels as well.
This is a fantastic find… will check these guys out for sure as I got lots of videos that need sharing
Magnify have some great tools for quickly publishing an online video channel. I do worry that it will just end up as a place for Adsense-based template sites with not much “real” content.
Cool, gotta check it out. Thanks for sharing TC.
Hey TC, why not drop a post for self funding video sharing service like my own (hint hint).
http://www.myvidster.com/
Hi,
Someone at Techcrunch should check out http://www.sumo.tv, It’s been doing virtual personal channels with users acting as “channel controllers” including with original creative work, and then giving them unique access to broadcast-television, as well as Multi-platform mobile/ip-TV across China, India, Israel, France and the English-speaking world.
Yours kindly,
Shakir Razak
The New York Angels are a great group to deal with. Having profiled them and worked with them in the past, I can say they are a class act.
By far, Magnify is the easiest way to create your own video channel on the web.
Another similar service is http://www.videosticky.com
Does anyone know of a white label video classifieds site? Could Magnify be modified into one?
Cool Video Site. Will recommend it
http://www.youyap.com