Dailymotion Announces €25M Funding

Dailymotion, one of the leading sites for sharing videos, announced a $25m (€17m) funding round led by the French Sovereign Fund (FSI) and including original investors Advent Venture Partners, AGF Private Equity, Atlas Venture and Partech International.
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 IPTV.
Dailymotion provides high-quality and HD video in a fast, easy-to-use website that also automatically filters infringing material as notified by content owners.
FSI, a corporation (société anonyme) owned 51% by the Caisse des Dépôts et Consignations and 49% by the French government, contributed $11m (€7.5m) to the round.



Join the discussion