Saturday, March 1, 2008

Akimbo provides a complete solution for monetizing video over the Internet has raised $8 million

What Company Is Offering:

Akimbo provides a complete solution for monetizing video over the Internet from content providers’ own websites. As a widely-acknowledged pioneer in Internet-delivered VOD, Akimbo offers unparalleled marketing experience and a proven technology platform.

How It Works:

Akimbo, a San Mateo, Calif.-based online video technology company, has raised $8 million in fourth-round funding. Return backers include AT&T, Blueprint Ventures, Draper Fisher Jurvetson, Kleiner Perkins Caufield & Byers and Zone Ventures. The company has now raised around $56 million in total VC funding since 1999.

More at:www.akimbo.com

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