Our lil' Revver is Growing Up!
You might have read that Revver picked up $8.7 million in a B round funding led by Draper Fisher Jurvetson, Bessemer Venture Partners, and Draper Richards and William Randolph Hearst III. Here's an update from SiliconBeat of The Mercury News. I love that Revver has more advertising than content. That means they need us, folks. Upload away.
Also note a NYPost article on Revver that has some interesting stats on what they "Dancing Baby" clip (from Ally McBeal) could have earned if Revver was around.
Now what will Revver do with its money? According to iMedia Connection, the additional funding will drive Revver's international market expansion, team-building and technology development from beta to live site in May 2006.
Live in May, folks. Sooner than we thought. Tick tock, tick tock.