Newsflare, a London, UK-based online video marketplace platform, raised £2.4m in funding.
Edge Investments made the commmitment.
The company intends to use the funds to continue to expand operations and grow adoption of its service.
Led by Jon Cornwell, co-founder and CEO, Newsflare provides an online platform allows professional and amateur video-journalists, media schools, major news networks and the public to monetize both amateur and professional video coverage of events that too remote or local for traditional news networks to cover.
Newsflare.com enables the submission, sharing, searching, viewing, sale and purchase of user-generated, geo-tagged video news content.