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Tuesday, November 9, 2010
Movieclips Nabs $3 Million To Catalogue And Mashup Scenes From Movies
Online movie clips site Movieclips.com has raised $3 million in Series A funding from Shasta Ventures and First Round Capital as well as a number of angel investors, including Jeff Clavier, Aydin Senkut, Naval Ravikant, Babak Nivi, Jeff Kearl, Tom McInerney, and prior investor Richmond Park Partners. Launched in beta last December, Movieclips.com offers a clip engine with over 14,000 different clips from 1,400 titles from the libraries of 20th Century Fox, MGM, Paramount, Sony Pictures, Universal Pictures and Warner Bros. Pictures. And the startup launched a new product, called Movieclips Mashups, at TechCrunch Disrupt in New York, which allows anyone to make montages of two minutes clips.ch Disrupt in New York, which allows anyone to make montages of two minutes clips.