Thursday, April 24, 2008

MediaScrape, a Montreal-based video news aggregator, has raised $3.2 million in VC funding

What Company Is Offering:
MediaScrape is a world leading broadcaster of global, multi-lingual breaking news video.Their partners include BBC News; CBC News; Asia News International and thirty other leading news broadcasters around the world.

New distribution opportunities provided by MediaScrape broadcasters can further monetize their clips, web publishers have a new source for breaking news, and advertisers have access to highly targeted audiences which driver higher CPMs.
MediaScrape also encourages individuals around the world to submit their news stories, providing a venue for empowered individual journalism as the most democratic form of news reporting.

How Much They Got From VCs:

MediaScrape, a Montreal-based video news aggregator, has raised $3.2 million in VC funding from an undisclosed investor. The company referred to the round as its second, but TechCrunch notes that earlier coverage indicates that it's actually MediaScrape's fourth time at the funding trough. www.mediascrape.com

More at:http://www.mediascrape.com/

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