DailyMotion Bags ?17 million, This Time With The French Government
|
TOOLBOX
   Resize
COMMENT
 Discussion Policy
 CLOSE
Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. Finally, we will take steps to block users who violate any of our posting standards, terms of use or privacy policies or any other policies governing this site. Please review the full rules governing commentaries and discussions. You are fully responsible for the content that you post.
Who's Blogging  |
Mike Butcher
TechCrunch.com
Thursday, October 22, 2009; 12:59 AM
The French-born version of YouTube, DailyMotion ¿ which has now grown into a global site with 60 million users ¿ has officially confirmed its latest fundraising of ?17 million, which was early reported as ?15 million earlier this month. The new information is that there was an undisclosed ?7.5 million investor in the round which turns out to be a French state-backed investment fund. According to Atlas VC Fred Destin on his blog today, Atlas Venture has participated "above pro-rata in this round and grows ownership".
![[techcrunch]](http://media.washingtonpost.com/wp-dyn/content/graphic/2008/04/04/GR2008040401977.gif)
