Update 6/27/08: The round is now confirmed. Additional investors include DFJ Tamir Fishman Ventures and Evergreen Venture Partners
Israeli-based animation site aniBoom is about to announce a $10 million B round, a source tells us. We believe the round was led by Draper Fisher Jurvetson, although the company won’t confirm this. An announcement is expected on Monday. The company previously raised $4.5 million in February, 2007.
AniBoom wants to be the YouTube of animation, and provides a distribution platform for professional and semi-pro animators to show their creations. It draws from the talent pool on its site to co-produce animation series with contributors, who get paid for their work. (See our review here). The site competes with MyToons. Below is CEO Uri Shinar’s Elevator Pitch recorded at the Crunchies:
Congratulations. Having done a lot of animation stuff with my company in Germany in the nineties I look forward to play with it.
Wow. Slideshare (www.slideshare.net) which got funded recently is doing to Powerpoint/Flash a similar thing. Makes sense, though I would expect the value more in traffic generation and diversion than content aggregation.
Looks like these guys the clipshare source code.
Interesting.. but less newsworthy than things like http://www.nytimes.com/aponlin.....Names.html
Interesting but how do they make money?… advertising, premium memberships. Are they going to try and monetize and their content. That would be about as cool as this…
http://www.readtheanswer.com/index.php?RTA=web2
business model?
Wow this is great news, I look forward to reading more about this comapny and seeing what the have to offer in the upcoming months.
First time I have visited it. I thought I was on youtube for a while…
Is there some reason that YouTube can’t serve the same role? If not, isn’t this a bit like Nickelodeon trying to lay its own coax cable in American cities?
Maybe I’m missing something, but isn’t this just a Youtube usage case? I don’t get it.