Tech Company Financing Transactions
VideoBlocks Funding Round
Updata Partners and QED Investors joined a $10.5 million Series A funding round for VideoBlocks. The round was recorded on 9/7/2012.
Transaction Overview
Company Name
Announced On
9/7/2012
Transaction Type
Venture Equity
Amount
$10,500,000
Round
Series A
Investors
Updata Partners (Lead Investor) (Carter Griffin)
Proceeds Purpose
This infusion of funding will further extend the incredible growth. We plan to aggressively acquire content with this investment, nearly doubling our library by the end of the year, to continue to build a resource professionals and pro-sumers alike prefer.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
11160-C1 South Lakes Dr. 262
Reston, VA 20191
USA
Reston, VA 20191
USA
Phone
Website
Email Address
Not Recorded
Overview
VideoBlocks.com is a subscription-based website that provides members with unlimited downloads of stock video, motion backgrounds, production music, sound effects, special effects, After Effects templates and much more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Joel Holland
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