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Video Search: Online Video
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The list of players in the Chinese online video space published on Danwei a few days ago has expanded to include more than 20 companies. Below is the updated list. As of 2007.05.23, comments to this post are closed because of increasing spam, so please send any updates or corrections to the feedback address on the about page.
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Today another Chinese online video big, 56.com, has closed a $20M round of funding at what Bill Burnham supposes is a a post-money valuation of $70-80M. The round was led by Hikari Private Equity (and Susquehanna International Group China with Adobe Systems and CID joined as well as previous investors Sequoia China and Steamboat Ventures.
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"We think Pluggd's solutions for targeting high-value ads into online video are ingenious," said Ian Sobieski from Band of Angels. "This is an incredibly dynamic marketplace and we feel Pluggd is demonstrating strengths that will allow it to emerge as the leader."
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