Tuesday, September 22, 2009

Vuclip Raises $6M

Milpitas-based Vuclip, a developer of a mobile video search site, said today that it has raised $6M in a Series B funding round. The round was led by Jafco Ventures, and also included prior investor New Enterprise Associates. Nick Sturiale of Jafco joins the firm's board along with the funding. Vuclip said it is now delivering real-time transcoding of more than one million mobile videos per day. More information »