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paidContent:UK (Free subscription) | 10/23/2009
What will French VOD site Dailymotion use its recent €17 million ($25.5 million; £15.53 million) VC funding round for? To fund an ambitious plan to break the American market, increase audience across Europe and get its content on IPTV and mobile platforms. CEO Cédric Tournay told me in an interview: “The main objective of the company now with this new fundraising is...
4Vote!
Paidcontent (Free subscription) | 10/23/2009
What will French VOD site Dailymotion use its recent €17 million ($25.5 million; £15.53 million) VC funding round for? To fund an ambitious plan to break the American market, increase audience across Europe and get its content on IPTV and mobile platforms. CEO Cédric Tournay told me in an interview: “The main objective of the company now with this new fundraising is...
3Vote!
Telecompaper (Free subscription) | 10/22/2009
... size of the stake, FSI said that it will have a seat on Dailymotion's board. The company's CEO, Cedric Tournay, said earlier this month that Dailymotion had raised EUR 15 million from existing backers and a new investor. The funds will be used to finance growth and strengthen the balance sheet.