Dailymotion, a leading company in the User Generated Content space that allows people to share and watch original videos through the Internet, has raised €7 million in a new round of equity financing.
For this transaction, Dailymotion was advised by Clipperton Finance, a corporate finance boutique focused on the high tech and media sectors.
The two leading investors of the round were Partech International, and Atlas Venture.
Founded in August 2005, Dailymotion is a media company that allows people to share and watch original videos worldwide through the Internet. Dailymotion aggregates and distributes video content online by allowing people to easily upload and share video clips on www.dailymotion.com and across the Internet through email as well as external players made seamlessly available on websites and blogs. Dailymotion currently delivers over 20 million video views every day on its website, and around 15 million though its external players. Dailymotion has now become a leading destination on the Internet for video entertainment. For more information, visit www.dailymotion.com.
