Motionbox Raises $7M Series B Funding
Written by on December 3rd, 2007 in Ajax News.
Video editing and sharing site Motionbox, which markets primarily to families, has announced the closing of a $7M round of Series B financing led by Constellation Ventures with participation by Canaan Partners and SAS Investors.
Motionbox recently released a premium version of its service that allows you to upload files of any size and enjoy unlimited storage for $30 per year. Videos can also now be downloaded for playback on an iPod or similar devices. If you really want to take your videos “offline”, you can order small flipbooks (naturally dubbed “motionbooks”) that will capture 15 seconds of a video on paper.
We recently covered Motionbox in our round up of online video sharing services.
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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/194754828/