How-To Video Site MonkeySee Gets $1 Million From Angels
The how-to video sector is starting to feel crowded: Great Falls, VA-based Monkeysee has raised $1 million from unidentified angel investors, reports TechConfidential. The site is competing with the major video sites, which have how-to content, as well as specialized sites like 5min, which recently announced a $5 million raise. Others include Expert Village (sold to Demand Media) and VideoJug, which has raised $30 million. The company is looking to foster a network of professional producers and it will charge companies to produce promotion, how-to videos. Release.
Posted In: Money, M&A & Venture Capital, Venture Capital, Social Media, Video, monkeysee
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