secured an additional $1 million in financing to continue to grow the popular Video Broadcasting and Discovery Platform.
The new round included all existing investors including Next Stage Capital, New York Angels, Rose Tech Ventures, Active Angel Investors, and a number of individual investors including Chris Anderson. Joining in this round were new investors Ogden Capital and Gideon Gartner, founder of The Gartner Group.
Having just celebrated its first birthday, Magnify.net
has seen remarkable growth in the past six months with total publishers passing the 30,000 mark and monthly visits soaring past three million. More than a thousand publishers a week are adding Magnify.net services to their Web sites.