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OVGuide Receives $5 Million in Funding
OVGuide.com
has received $5 million in venture capital funding from Baroda Ventures LLC, one of Los Angeles' leading VC firms. In addition, OVGuide.com in January 2009 saw its first operational month as a profit-making entity. The funding will be invested in engineering resources to further develop the Web's most powerful search engine for both short- and long-form online video. OVGuide.com has served hundreds of millions of searches, directing millions of users to thousands of online video sites such as South Park Studios, theWB.com, Fancast, ESPN, Funny or Die and Hulu.
OVGuide.com's proprietary search technology helps those who watch online content cut through the clutter of the thousands of online video sites on the Internet. OVGuide.com's search engine delivers the best quality and most relevant video destination source for any search term. OVGuide.com categorizes online video content and its editors make independent recommendations to users, making the online video search process fast, efficient and, above all, human.
Posted on Feb 18, 2009
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