Mogulus Raises $1.5 Million
Live video startup Mogulus has closed $1.5 million in funding from undisclosed angel investors, CEO Max Haot told us this morning. Including the $1.2 million in angel funding we reported on last May, the New York City-based company has now raised $2.7 million in total funding, all pre-Series A.
Haot said Mogulus now has 25,000 producers, up from 18,000 when it launched at our NewTeeVee Live conference in November (disclosure: it was a sponsor and the sole live-broadcasting partner at our show).
The company plans to launch paid versions of its live video broadcasting tools this quarter, including premium features like H.264, video on demand (something we definitely could have used at NTV Live!), different aspect ratios, the capability to include individual clips, and more, said Haot.
Haot said Mogulus hopes to raise a round of venture funding by the end of the year. It should probably do that, considering the swarm of competition in the live video space is all out bringing in cash reserves. See our coverage of investment in Ustream, Kyte, and Justin.tv.
Note: We previously said paidContent got the funding amount wrong, but it was actually us being dumb. Our bad.
Popular
- Tumblr Marriage Proposal: Behind the Scenes of Justin and Marissa's Engagement
- BitTorrent After The Pirate Bay: Do You Still Need Trackers?
- Ten Sites for Free and Legal Torrents
- The Megawoosh Waterslide Viral: How It Was Really Done
- Nielsen: Facebook Now the No. 3 Video Site
- Six Steps To Get More HD From Your Scientific Atlanta Set-top Box
Recent
Network
- Earth2Tech Week in Review [Earth2Tech]
- WWD Weekend Reading List [WebWorkerDaily]
- Google’s Past Failures Offer Perspective on Chrome OS Release [GigaOM]
- WinMo Wrap: Marketplace Hits All WM 6.x Phones; Opera Mobile Advances [jkOnTheRun]
- Weekly App Store Picks: November 21, 2009 [TheAppleBlog]
- Get Ready for Flash Player 10.1 to Stream P2P Video to Millions, Swap Files BitTorrent-style [NewTeeVee]
© 2009 The GigaOM Network. Marketing consulting by ACS.
Comments (0)
Linkbacks (3)
[...] streaming platform, has raised a $1.5 million from unidentified angels, according to Beet.tv and NewTeeVee. The funding adds to the $1.2 million it raised earlier this year, bringing its total to $2.7 [...]
[...] Mogulus Raises $1.5 Million http://newteevee.com/2008/01/07/mogulus-raises-15-million/ [...]
[...] that figure. Mogulus had raised $1.2 million in seed funding in May of last year and another $1.5 million in January of this [...]
Subscribe to comments feed