- Wednesday, February 28, 2007
Video Sharing Site Fliqz Raises $2.5M
Berkeley, CA-based Fliqz video sharing website Fligz has raised $2.5M in Series B funding from Mohr, Davidow Ventures, according to PEWire. The startup had raised $1M from angels. Fliqz niche is that it hosts videos for the average joe, which makes it comparable to say Videoegg. Angel financing came from VC Frank Caufield, Dave Witherow (former president of VentureOne), Don Hutchison, and Marty Korman (Wilson Sonsini). VentureBeat reports that the company's revenue model is to do a rev share with publishers on ads.
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