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Video - Friday, August 24, 2007

Draper Funds Vadver For Video Discovery Social Network

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Founded in January, Vadver will be launching in September a video discovery network today that it calls "an operating system for the video experience of the future." Vadver is led by Patrick Koppula wh was Founder and COO of iLike and CEO of its sister company GarageBand. Vadver plans to launch a Web-based social network as well as applications for Tivo and Facebook.

NewTeeVee reports that Vadver has raised $1.7M in Series A funding from Draper Fisher Jurvetson.

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