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Story Box-ID: 298800

Dailymotion 35bis, rue Greneta 75002 Paris, France http://www.dailymotion.com
Contact Mr Frédérique Boyer 01 40 54 23 40
Company logo of Dailymotion
Dailymotion

Dailymotion Announces $25 Million Funding Round

(PresseBox) (Paris, )
Dailymotion, one of the most popular web sites in the world, today announced a funding round of $25 million (17 million euros). The round, led by the French Sovereign Fund (FSI) and including original investors Advent Venture Partners, AGF Private Equity, Atlas Venture and Partech International, recognizes Dailymotion's leading audience position and sustainable business model. FSI contributed $11M (7.5M euros) to the round.

Dailymotion already attracts 60 million unique visitors and one billion video views monthly. The funds will be used to accelerate the company's growth globally and to expand its offerings, including to multiple platforms such as mobile and VZUX.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.