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Q4 '11 Private Video Company Financings Drop to $103M
Private online and mobile video companies raised at least $103 million in Q4 '11, a drop from the blockbuster third quarter in which $236 million was raised, but still an increase from the $84 raised in Q2 '11. As I always note in these roundups, financings can close and/or be announced at somewhat random times, so the quarter-to-quarter fluctuations aren't necessarily meaningful. More significant to me is that the private video companies raised at least $560 million in 2011, a very healthy clip.
As detailed below, the $103 million was raised by 14 companies, with just two financings (BrightRoll's $30M and Viki's $20M) accounting for almost half of the quarter's total. I've compiled the total from numerous sources I track and as always, it is possible that I missed some news during the quarter. If so, please let me know and I'll update the list. Links are provided to press releases or if one isn't available, to relevant media coverage.
In addition to the financings, there were also at least 8 M&A video transactions announced in Q4, which are noted below.
Private company financings and lead investor(s)
Keek ($5.5M) - Oct. 5 - AlphaNorth Asset Management, Plazacorp Ventures
Ovia ($2.5M) - Oct. 18 - DCM
Viki ($20M) - Oct. 20 - BBC, SK Telecom
PlayJam ($5M) - Oct. 25 - Adobe, GameStop, Endeavour
Jivox ($8.2M) - Nov. 1 - Fortisure Ventures
Rounds ($3M) - Nov. 2 - Verizon Investments
Ustream ($6M) - Nov. 4 - existing investors
BrightRoll ($30M) - Nov. 15 - Trident Capital
Vidyard ($1.75M) - Nov. 18 - SoftTech VC, Y Combinator, SV Angel, others
Klip ($8M) - Nov. 18 - Benchmark Capital
Miso ($4M) - Dec. 1 - Khosla Ventures
Veenome ($500K) - Dec. 6 - Angels
Jun Group ($2.5M) - Dec.13 - Western Technology Investment
blip.tv ($6M) - Dec. 28 - existing investors
Deals
Irdeto acquires BayTSP - Oct. 4
Polycom acquires ViVu - Oct. 17
Cisco acquired BNI Video - Oct. 20
Adobe acquires Auditude - Nov. 1
Microsoft acquires VideoSurf - Nov. 22
24/7 Real Media acquired Panache - Dec. 6
Motorola Mobility acquires SetJam - Dec. 22
Akamai acquires Cotendo - Dec. 22
Public financings
Synacor files for $75M IPO - Nov. 19
Netflix raises $400M - Nov. 21Topics: Deals