MixerCast Raises $2.6 Million
Tags: Internet, MixerCast, User-Generated Content, venture capital, Web 2.0, Yahoo!

A newly launched startup named MixerCast, currently still in Alpha mode, has just raised $2.6 million from comVentures. MixerCast, co-founded by Jennifer Cooper, formerly as an Executive Director of Media, Entertainment and Finance at Yahoo!, is a company that allowed users legally take videos from some well-known content providers such as Muze, Pump Audio, Getty Images, National Geographic, ABC and mashup with their personal MySpace and Facebook pages or their blogs. With the site’s back-end is built on Ajax, Flash, JavaScript, and other programming tools, they also created a well-organized content library with comprised of more than 4,000,000 music samples and 50,000 video clips and images that a user can choose for. Besides, the users are allowed to make money out of their creative works by simply adding the advertisements into the MixerCast content packages.
MixerCast envisioned that the strategy for the media related companies is to deliver the easy way for anyone to enjoy, create, publish and network media mashups everywhere. While sounding obvious, their vision marked as a revolution that would trigger a big opportunity for them on the Web and media industry. However, this kind of revolution did not happen overnight. As the management of MixerCast all worked at some notable organizations, they could see the potential of founding a company that the users have the freedom to reconstitute the various form of contents, the legal contents. Though MixerCast was just launched in the market, they have started off quite well with the number of users increasing everyday. It seems that this company is in the middle of building a value-added Web application for its users based on an intimate understanding of the latest Internet trends and users’ behavior.
MixerCast is based in San Mateo, California with office in Pune, India. Besides, they also partnered with BitGravity, a company that provides solution on content distribution.


December 10th, 2007 at 8:59 pm
[...] a media firm that raised $2.6 million in Series A financing, has landed another $5.57 million in round B, according to PEHub. Venture [...]