Video - Monday, January 19, 2009
French Online Video Firm Kewego Raises $6.2M
Paris-based Kewego raised $6.2M from Banexi Venture Partners and CDC Entreprises. The startup sells online video management and monetization solutions B2B to large media companies - mostly in Europe.
Kewego boasts that it also did more than 5.4M Euros in revenues - a 60% growth between 2007 and 2008. Moreover, it predicts it will be profitable on a full year basis in fiscal 2009, it currently has a 50 person head-count.
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