VSocial, a company that specializes in online video services, has secured second round of financing led by Biltmore Ventures and Consor Capital, its original investor.
The new round of funding will be used to expand development and grow sales and marketing capabilities. VSocial is also adding Howard Lindzon, managing director of Biltmore Ventures, to its board of directors.
“VSocial continues to build momentum for its social media platform, securing customer wins with blue chip companies like UPS, Disney and Fosters, interactive advertising agencies and small-to-medium sized businesses,” said Mark Sigal, chief executive of vSocial. “Locking down this second-round investment is further validation of our efforts to become a major player in the online video industry.”
Originally posted on September 24, 2007 @ 1:59 pm