VideoBlocks.com, a Reston, VA-based provider of unlimited royalty-free stock video and audio clips, has closed a $10.5m Series A funding.
The company intends to use the capital to acquire content, nearly doubling its library by the end of the year.
Led by Joel Holland, founder and CEO, VideoBlocks.com offers a library of high-quality stock video, motion backgrounds, production music, After Effects templates, special effects, sound effects, which can be used in all types of projects, royalty-free. The company owns all the rights to its content library and makes this available for a monthly subscription rate.
Customers range from leading television and movie production networks to pro-sumers and hobbyists looking to enhance their video projects and productions.